TTM02060 | Tonnage tax elections: Non statutory business clearance

Foreign company or group considering commencing qualifying activities in the UK

A foreign company or group considering commencing ship operations in the UK within the tonnage tax regime may seek advance clearance.

Such clearances must be referred to Tonnage Tax Technical Adviser. After clearance the Adviser will pass the case to a responsible office (Large Buiness or Mid-sized Business), assuming an election is made.