Economy Legislation
Regulations governing economic policy, monetary matters, taxation, public spending, and market regulation.
The Designation of Special Tax Sites (East Midlands Investment Zone) Regulations 2025
Designated three areas in the East Midlands as special tax sites to enhance capital allowances and provide stamp duty land tax relief, effective February 26, 2025.
These regulations, enacted under the Finance Act 2021, designate three areas in the East Midlands as 'special tax sites' to boost economic activity within the East Midlands Investment Zone.
This designation provides enhanced capital allowances for plant, machinery, structures, and buildings, along with stamp duty land tax relief, for qualifying companies and investments within these zones.
The designated sites are explicitly defined by maps, and the regulations took effect on February 26, 2025.