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Boris Johnson wants to create six freeports and tax-free zones around the UK

Vast storage facilities for high-value items such as art and cars have stoked controversy
Boris Johnson, the frontrunner to become the UK’s next prime minister, has announced plans to establish a series of freeports around the country, which can be used to store valuable works of art, cars and jewellery without incurring customs or sales tax. Johnson’s vision involves turning parts of the UK into Singapore-style tax-free zones, but the use of freeports in the European Union has sparked controversy.

At hustings held yesterday in Northern Ireland for Tory party members, Johnson said: “We could do freeports [if the UK leaves the European Union
https://www.theartnewspaper.com/news/boris-johnson-wants-to-create-six-freeports-and-tax-free-zones-around-the-uk

2019-07-16T15:22:47+00:00