Statutory Instruments
2014 No. 2394
Taxes
Tonnage Tax
The Tonnage Tax (Training Requirement) (Amendment) Regulations 2014
Made
8th September 2014
Laid before the House of Commons
10th September 2014
Coming into force
1st October 2014
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 2014 and they come into force on 1st October 2014.
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 30th September 2014.
(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.
Amendment of the 2000 Regulations
3. —(1) The 2000 Regulations are amended as follows.
(2) In regulation 15(1)(b) (payments in lieu of training) for “£1,176” substitute “£1,202”.
(3) In regulation 21(4) (higher rate of payment in case of failure to meet training requirement) for “£1,094” substitute “£1,119”.
Signed by authority of the Secretary of State for Transport
John Hayes
Parliamentary Under Secretary of State
Department for Transport
8th September 2014
S.I.2000/2129 , amended by S.I. 2013/2245 , there are other amending instruments but none is relevant.