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Official guidance
Tonnage Tax Manual

TTM07000 · The ring fence

  • TTM07001 · Outline
  • TTM07010 · Outline: Accounting periods
  • TTM07020 · Outline: Tonnage tax trade
  • TTM07100 · Controlled foreign companies: Outline
  • TTM07110 · Controlled foreign companies
  • TTM07120 · Controlled foreign companies
  • TTM07200 · Reliefs and deductions
  • TTM07210 · Reliefs and deductions
  • TTM07220 · Reliefs and deductions
  • TTM07230 · Reliefs and deductions
  • TTM07240 · Reliefs and deductions
  • TTM07300 · Transfer pricing: Outline
  • TTM07310 · Transfer pricing
  • TTM07320 · Transfer pricing
  • TTM07330 · Transfer pricing
  • TTM07400 · Finance costs
  • TTM07410 · Finance costs
  • TTM07420 · Finance costs
  • TTM07430 · Finance costs
  • TTM07440 · Finance cost adjustment
  • TTM07450 · Finance cost adjustment
  • TTM07460 · Finance cost adjustment: Just and reasonable fraction
  • TTM07470 · Finance cost adjustment
  • TTM07500 · Interaction of finance costs and transfer pricing
  • TTM07510 · Interaction of finance costs and transfer pricing: Intragroup interest-free loans
  1. Tonnage Tax Manual
  2. The ring fence: contents

TTM07000 | The ring fence: contents

From HM Revenue & Customs · Tonnage Tax Manual

Introduction

This section explains why relevant income of a tonnage tax company is ring fenced and how legislation works to isolate these tonnage tax profits. This section covers the introduction of new accounting periods, the treatment of income from controlled foreign companies, and calculation of allowable finance costs. It also explains the rules that prevent deductions being made from tonnage tax profits.

Contents25 entries

  1. TTM07001The ring fence: Outline
  2. TTM07010The ring fence: Outline: Accounting periods
  3. TTM07020The ring fence: Outline: Tonnage tax trade
  4. TTM07100The ring fence: Controlled foreign companies: Outline
  5. TTM07110The ring fence: Controlled foreign companies
  6. TTM07120The ring fence: Controlled foreign companies
  7. TTM07200The ring fence: Reliefs and deductions
  8. TTM07210The ring fence: Reliefs and deductions
  9. TTM07220The ring fence: Reliefs and deductions
  10. TTM07230The ring fence: Reliefs and deductions
  11. TTM07240The ring fence: Reliefs and deductions
  12. TTM07300The ring fence: Transfer pricing: Outline
  13. TTM07310The ring fence: Transfer pricing
  14. TTM07320The ring fence: Transfer pricing
  15. TTM07330The ring fence: Transfer pricing
  16. TTM07400The ring fence: Finance costs
  17. TTM07410The ring fence: Finance costs
  18. TTM07420The ring fence: Finance costs
  19. TTM07430The ring fence: Finance costs
  20. TTM07440The ring fence: Finance cost adjustment
  21. TTM07450The ring fence: Finance cost adjustment
  22. TTM07460The ring fence: Finance cost adjustment: Just and reasonable fraction
  23. TTM07470The ring fence: Finance cost adjustment
  24. TTM07500The ring fence: Interaction of finance costs and transfer pricing
  25. TTM07510The Ring Fence: Interaction of finance costs and transfer pricing: Intragroup interest-free loans
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