Tax Breaks

Tax Breaks

A place where innovation thrives

Tax breaks

We offer tax relief to new businesses locating in Hertfordshire IQ by April 2022 – up to 100% depending on the size and type of business.

Our sector focus is agri-tech and modern construction and we welcome all businesses operating in environmental technology with the maximum level of tax relief.

We also offer tax breaks for businesses that support these sectors, if you can demonstrate low carbon operations, for example, through an internationally recognised and trusted sustainability certification scheme like The Planet Mark:

  • Environmental technology based businesses – up to £55,000
  • Environmental technology supply and value chain businesses – up to £50,000
  • Non-environmental technology businesses who can demonstrate green credentials – up to £40,000

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