Data Centres: Blyth
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 4 October 2024 to Question 6322 on Databases: Blyth, whether HMRC has undertaken an assessment of the projected loss of tax receipts from Blackstone's data centre in Blyth Investment Zone as the result of tax relief.
Answered by James Murray
Estimates of the cost of tax relief for investment in Investment Zones were published in the Spring Budget 2024 – policy document and were estimated at an aggregate level. Estimates for individual projects within special tax sites are not available.
HMRC is unable to comment on identifiable individuals or businesses. Guidance on eligibility for tax reliefs in Investment Zone sites is available on gov.uk.
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