SDLTM20260 - Freeports and Investment Zones relief – leases and rent

Relief may be claimed on any form of consideration that’s subject to SDLT including rent.

Rent will qualify as long as the effective date of the grant of the lease is on or before 30 September 2031 for Freeport tax sites and on or before 30 September 2034 for Investment Zone tax sites and at a time when the transaction land is situated in a special tax site, regardless of whether it is payable before or after those dates.

Consideration will still qualify for relief where HMRC has agreed to defer payment of tax because the consideration is contingent or uncertain so long as the effective date is on or before 30 September 2031 for Freeport tax sites and on or before 30 September 2034 for Investment Zone tax sites. See SDLTM50900 for how to make an application for deferral.