UK’s freeports offer more than just tax relief, lawyer says
Businesses will invest when the rules are clearer. Lack of EU green regulations may give the UK a tax advantage, though future local rules could negate it
Ince head of tax Huw Witty says freeports offer benefits besides tax breaks for exporters, after concerns exporters will miss out on the full relief because of post-Brexit trade deals
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‘Allowing people to access high-class jobs in the sector and remain in their homes without having to move to big cities is a huge opportunity for us to exploit,’ says UK’s Labour spokesman for shipping
The UK government says new freeports will be located at East Midlands airport, Felixstowe and Harwich, the Humber, Liverpool city region, Plymouth, Solent, Thames and Teesside
The scale and ambition of some of the bids made by ports in combination with local businesses shows that the industry is capable of delivering on the government’s demands, sector leaders insist
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