Please note that the availability of Business Rate Discounts within the Cheshire Science Corridor Enterprise Zone ended on 31st March 2021.
The Cheshire Science Corridor has been awarded Enterprise Zone status. This is an exciting opportunity that has the potential to attract in the order of 20,000 jobs and 500 businesses to Cheshire and Warrington through a significantly enhanced profile; attractive business incentives and the ability to retain and reinvest new business rate revenue.
Five Enterprise Zone sites within Assisted Areas of Ellesmere Port are able to offer Enhanced Capital Allowances where occupiers are able to write down the costs of qualifying plant and machinery assets against their taxable income. Occupiers are eligible for a 100% first year allowance on capital expenditure on qualifying assets until 31st March 2024. The maximum capital investment that can qualify for enhanced allowances is €125 million per project and the new capital investment must be maintained in the Assisted Area for a period of five years.