Tonnage Tax

(asked on 14th March 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the change in tax liabilities for shipping companies in the tonnage tax scheme in each financial year from 2015-16 to 2018-19.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 19th March 2018

Information on the cost of Tonnage Tax is published in the HM Revenue and Customs (HMRC) National Statistics table ‘Estimated Cost of Principal Tax Reliefs’, available on GOV.UK, including estimates for 2016-17 and 2017-18. Data are not available for 2018-19.

The full publication can be found at:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/675345/Dec_17_Main_Reliefs_Final.pdf

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