http://www.legislation.gov.uk/uksi/2002/2265/contents/made

The Tonnage Tax (Training Requirement) (Amendment) Regulations 2002

Tax

King's Printer of Acts of Parliament

2011-07-04

TAXES;TONNAGE TAX

These Regulations further amend the Tonnage Tax (Training Requirement) Regulations 2000 by increasing the amount of the payments in lieu of training. In respect of a relevant four month period falling on or after 1st October 2002, the figure by which the number of months is to be multiplied is increased from £562 to £573. In the case of the higher rate of payment where there has been failure to meet the training requirement, the basic rate to be used in the calculations is increased from £512 to £522.