Policy paper

Tonnage Tax reform

This tax information and impact note details a package of measures to reform the UK’s tonnage tax regime.

• From: HM Revenue & Customs
• Published: 27 October 2021

Documents

Tonnage Tax reform

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Details

This measure will make substantive reforms to the Tonnage Tax regime, designed to make it easier for shipping companies to join the regime, ensure they are not disadvantaged compared with firms operating in other countries, reduce unnecessary administrative burdens, and boost the use of the UK flag.

Published 27 October 2021