Scots and UK governments agree tax giveaway to big business
THE STUC vowed to remain “eagle-eyed” on freeports today after the Scottish and UK governments joined forces to extend tax breaks.
The Tory freeports initiative, rebranded as “green freeports” in Scotland, gives millions of pounds in tax relief to firms operating in the zones.
Granted with the aim of stimulating economic growth, the relief applies to everything from land and buildings transaction tax to National Insurance and customs charges.
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