Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will estimate the total annual amount of corporation tax relief that shipping groups qualifying for the Tonnage Tax will receive in each financial year from 2022-23 to 2025-26.
Information on Tonnage Tax for 2022-23 is published in HMRC’s latest non-structural tax reliefs publication on the GOV.UK Website here: Non-structural tax reliefs - GOV.UK (www.gov.uk)
Estimates are not held for the costs beyond 2022-2023.