One feature of a Freeport site is a relaxation of customs rules, allowing goods to move into and out of the site like a form of hub. However, there are other reliefs - including from SDLT. HMRC has now published guidance on this relief. In order to qualify, a business must buy land or buildings in a designated site that will be used in a qualifying way. The SDLT relief also applies to leased land or buildings. To be using the land or buildings on a qualifying way, it must be used:

• in a commercial trade or profession;
• for development or redevelopment for resale (but not as residential property);
• for letting to another person who pays rent, and who does not use the building as residential property.

Where at least 90% of the purchase prices for qualifying land or buildings, relief from SDLT is available in full. If less than 90% of the purchase prices for qualifying land or buildings, relief is available on the portion of the price that relates to the qualifying part, as long as this is at least 10% of the total price. The claim must be made on a land transaction return within 14 days of the transaction, and all claims must be made by 14 October 2027 at the latest. HMRC's guidance contains further information, including several helpful examples.