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HMRC internal manual

Tonnage Tax Manual

Schedule 22 Finance Act 2000: Part XI offshore activities - Para 106 treatment of periods of inactivity


A period between contracts when a qualifying ship is not working shall not be taken to be a period during which the ship is engaged in offshore activities unless-

(a) the period of inactivity is specifically related to a forthcoming offshore activity, and

(b) it is impractical for the vessel to undertake other work in the meantime.


Treatment of periods of inactivity TTM11150