This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Capital Gains Manual

Tonnage Tax: shipping companies subject to tonnage tax

FA2000/SCH22 introduced an alternative method for calculating the corporation tax profits of shipping companies (“Tonnage Tax”). If a company is within this regime, certain assets are outside the scope of the capital gains legislation. Detailed instructions can be found in the Tonnage Tax Manual at TTM08001.