³ÉÈËÓ°Òô

Special tax sites


Produced by a Tolley Employment Tax expert
Employment Tax
Guidance

Special tax sites


Produced by a Tolley Employment Tax expert
Employment Tax
Guidance
imgtext

Special tax sites

Particular tax treatment is in place for ‘special tax sites’. Special tax sites are defined as freeports and investment zones. A list of the sites is included in the First year allowances guidance note

Enhanced tax reliefs at special tax sites include:

  1. •

    enhanced rates of structures and building allowance ― see the Structures and buildings allowance guidance note

  2. •

    enhanced capital allowances for companies investing in plant and machinery ― see the Capital allowances ― overview and First year allowances guidance notes

  3. •

    SDLT relief ― see the Stamp duty land tax ― basic rules for companies guidance note

  4. •

    business rates relief

  5. •

    zero-rate of secondary NIC for special tax site employees ― see below

Zero-rate of secondary NIC for special tax site employees

There is a zero-rate of employer (secondary) Class 1 NIC, up to a bespoke special tax sites upper secondary threshold for NIC (see the Overview of NIC Classes, rates and thresholds guidance note).

Who does the relief apply to?

The relief is for employers only. Employers NIC

Continue reading the full document
To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+â„¢
TAKE A FREE TRIAL NOW
Powered by
  • 25 Feb 2025 05:30

Home/ Tolley Tax Guidance/ Employment Tax / PAYE for employees

Popular Articles

Owner-Managed Businesses

Allowable deductions for employee-related expenses

Allowable deductions for employee-related expensesThis guidance note covers the tax treatment of some common types of trading expenditure relating to employees. Some of these are disallowable under general principles, for example the wholly and exclusively test or capital versus revenue expenditure.

14 Sep 2022 09:49 | Produced by Tolley Read more Read more
Employment Tax

Company cars

Company carsIntroductionCompany cars are one of the most common taxable benefits. The rules for calculating the benefit are complex, and the reporting requirements are more onerous than most benefits. Company cars are covered by very specific legislation. Detailed guidance on each of the following

14 Jul 2020 11:15 | Produced by Tolley Read more Read more
Corporation Tax

Entity classification

Entity classificationImplications of entity classificationIf a subsidiary is established, it is important to determine how it will be treated for UK tax purposes as this will determine the basis on which it is taxed. A subsidiary may either be transparent (like a partnership, where the individual

14 Jul 2020 11:37 | Produced by Tolley Read more Read more