Market leading insight for tax experts
View online issue

Tonnage tax regulations

printer Mail

The Tonnage Tax (Training Requirement) (Amendment) Regulations, SI 2015/788,  introduce an option for companies within the tonnage tax regime to provide training for three eligible rating trainees, in place of each eligible officer trainee for whom they would otherwise be required to provide training, with effect from 1 October 2015. The regulations also amend the definition of eligible officer trainee to include an electro-technical officer.