Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section Sch 21A para 2

Definition of "special tax site"

Schedule 21A, paragraph 2 defines what counts as a "special tax site" for the purposes of the special tax sites relief from Land Transaction Tax.

  • A "special tax site" is an area that has been formally designated as a special area under specific UK regulations.
  • The Celtic Freeport areas, designated on 16 October 2024, qualify as special tax sites.
  • The Anglesey Freeport areas, designated on 4 December 2024, also qualify as special tax sites.
  • Only areas designated under these two specific sets of regulations are currently recognised as special tax sites for Land Transaction Tax purposes in Wales.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.

Become a member