TTMUPDATE010831 - Tonnage Tax Manual: recent changes
Below are details of the significant amendments that were published on 31/08/2001
| Section | Title and details of the update |
| Chapter 17 | Schedule 22 FA 2000 |
| Wording amended in accordance with CAA 2001 | |
| All | References to CAA 2001 updated |
| All | References to DETR changed to DTLR |
| All | Contact information updated |
| TTM01100 | Introduction: Organisation: Distribution of cases |
| Transfer of work from City F LBO to Liverpool LBO | |
| TTM02030 | Pre-election clearance |
| No clearance where avoidance suspected | |
| TTM03520 | Seagoing: Certification of ships |
| Certification, and hence qualification of ship, cannot be backdated | |
| TTM05520 | Tax Avoidance: Action by inspector |
| No clearance where avoidance suspected | |
| TTM06130 | Secondary activities: Work carried out for third parties |
| Services for joint venture companies | |
| TTM06510 | Relevant shipping income: Certain interest etc. |
| Interest on working capital and deposits integral to leases/loans | |
| TTM06600 | Vessels providing transport for services at sea |
| Example expanded | |
| TTM07500 | The Ring Fence |
| Interaction of finance costs and transfer pricing | |
| TTM07510 | The Ring Fence |
| Intragroup interest-free loans: Examples | |
| TTM09030 | Capital Allowances: Entry into Tonnage Tax (P&M): |
| Apportioning a mixed pool: Use of book value | |
| TTM09340 | Capital Allowances |
| After exiting from Tonnage Tax | |
| TTM10020 | Ship Leasing |
| Novation of finance leases | |
| TTM11120 | Offshore Activities |
| Multifunctional vessels |