Tonnage Tax Scheme

Treasury written question – answered on 30th March 2006.

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Photo of Gwyn Prosser Gwyn Prosser Labour, Dover

To ask the Chancellor of the Exchequer what the value was of financial concessions to the UK shipping industry through the tonnage tax scheme in 2004–05.

Photo of John Healey John Healey The Financial Secretary to the Treasury

An initial estimate of the corporation tax foregone in 2004–05 can be found at:

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