Qualifying companies and ships: Temporary change of use - examples
In 2008, a cruise ship is moored in the River Mersey and used as a floating hotel for a week during the Open golf championships. The ship is a qualifying ship for the remainder of the 12-month accounting period ended 31 December 2014.
The ship will be a qualifying for the whole of the accounting period, because the non-qualifying use did not exceed 30 days.
A cross channel ferry is used as a river ferry for 10 days in the 6-month accounting period ended 31 December 2013. It was a qualifying ship throughout the remainder of the accounting period.
The period of use as a river ferry is less than the limit as proportionately reduced (i.e. 15 days), and so the ferry is a qualifying ship throughout the accounting period.
|FA00/SCH22/PARA22 (effect of change of use)||TTM17121|
|Temporary change of use||TTM03710|