- HM Revenue and Customs has introduced new reporting requirements for businesses in Freeport or Investment Zone special tax sites
- The consultation aims to gather feedback on the proposed rules
- The new rules are designed to improve transparency and compliance for businesses in these special tax sites
Source: vitallaw.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.