questionText: To ask the Chancellor of the Exchequer, whether she plans to discuss the Tonnage Tax scheme with (a) Cabinet colleagues, (b) shipowners and (c) maritime trade unions as part of the current Spending Review.
answerText: Tonnage Tax is an advantageous corporation tax regime for shipping companies. It was introduced in 2000 to improve the competitiveness of the UK’s shipping industry.   As set out on GOV.UK, the Government forecasts that the cost of the regime in 2024-25 w...
heading: Tonnage Tax