Statutory Instruments
2013 No. 5
Taxes
Tonnage Tax
The Tonnage Tax (Training Requirement) (Amendment) Regulations 2013
Made
8th January 2013
Laid before Parliament
10th January 2013
Coming into force
1st February 2013
The Secretary of State, in exercise of the powers conferred by paragraphs 29, 31 and 36 of Schedule 22 to the Finance Act 2000( 1 ), makes the following Regulations:
Citation and Commencement
1. These Regulations may be cited as the Tonnage Tax (Training Requirement) (Amendment) Regulations 2013 and they come into force on 1st February 2013.
Application
2. —(1) These Regulations apply for the purposes of calculating the payments in lieu of training for the purposes of the Tonnage Tax (Training Requirement) Regulations 2000 ( 2 ) (“the 2000 Regulations”) in respect of a relevant four month period falling after 31st January 2013.
(2) In paragraph (1), “a relevant four month period” means a period of four months commencing on 1st February, 1st June or 1st October in any year.
Payments in lieu of training
3. —(1) The 2000 Regulations are amended as follows.
(2) In regulation 15(1)(b) (payments in lieu of training) for “£798” substitute “£1,092”.
(3) In regulation 21(4) (higher rate of payment in case of failure to meet training requirement) for “£726” substitute “£1,020”.
Revocation
4. The Tonnage Tax (Training Requirement) (Amendment) Regulations 2011( 3 ) are revoked.
Signed by authority of the Secretary of State for Transport
Stephen Hammond
Parliamentary Under Secretary of State
Department for Transport
8th January 2013
S.I.2000/2129 , amended by S.I. 2011/2185 , there are other amending instruments but none is relevant.