UK and Scottish ministers agree to extend tax relief for green freeports in Scotland until 2034.
Tax relief for green freeports in Scotland has been extended for five years until 2034, following an agreement between UK and Scottish ministers. This includes the Inverness and Cromarty Firth Green Freeport, the Forth Green Freeport, and prospective investment zones in Glasgow City Region and the North East of Scotland. The extension aims to stimulate economic growth through special tax incentives and lower tariffs around ports.
March 18, 2024
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