The Tonnage Tax (Training Requirement) (Amendment etc) Regulations, SI 2023/983, increase the amounts to be used in calculating payments in lieu of training, where operators are not able to meet the minimum training obligation.
The amount payable each month during relevant four-month periods beginning on and after 1 October 2023 is increased from £1,326 to £1,421.
The base figure for the calculation of the additional surcharge (which applies where a company delivers less than 50% of its agreed training plan during a year) is increased from £1,234 to £1,329.
The Tonnage Tax (Training Requirement) (Amendment etc) Regulations, SI 2023/983, increase the amounts to be used in calculating payments in lieu of training, where operators are not able to meet the minimum training obligation.
The amount payable each month during relevant four-month periods beginning on and after 1 October 2023 is increased from £1,326 to £1,421.
The base figure for the calculation of the additional surcharge (which applies where a company delivers less than 50% of its agreed training plan during a year) is increased from £1,234 to £1,329.
