Guidance

Welsh Freeports Subsidy Scheme

This page brings together guidance for the use of the Welsh Freeports Subsidy Scheme.

• From: Ministry of Housing, Communities and Local Government
• Published: 28 November 2024

Applies to Wales

1. Introduction

The Welsh Freeports Subsidy Scheme covers a blend of measures, enabling public authorities to provide targeted support to promote economic activity in Freeport locations in Wales.

The scheme encompasses 6 different support measures:

• Zero rate of secondary National Insurance contributions for Freeport employees
• Land Transaction Tax Relief
• Enhanced Structures and Buildings Allowances
• Enhanced Capital Allowances
• Non-domestic Rates Relief
• Seed Funding

Guidance setting out the terms and eligibility conditions of the scheme with respect to each measure can be found below.

2. Guidance documents

• Zero rate of secondary National Insurance contributions for Freeport employees
• Land Transaction Tax Relief (guidance to follow)
• Enhanced Structures and Buildings Allowances
• Enhanced Capital Allowances
• Non-domestic Rates Relief
• Seed Funding

Published 28 November 2024