15 Mar 23 Chamber reacts to Budget 2023 and opening of Tonnage Tax election window Following the Chancellor’s Budget the UK Chamber of Shipping has reacted to the news that from June 2023 for the first time in nearly 18 years an election window for UK Tonnage Tax will open, allowing companies to enter the regime. From April 2024 third party ship managers will also be allows to join. A UK Chamber of Shipping Spokesperson said:“Tonnage Tax in the UK supports over 50,000 jobs in the shipping sector and hundreds of millions of pounds of tax revenue. The opening of an election window, for the first time in nearly two decades, alongside the ability for third party ship management companies to join is welcome news and will provide companies with a long overdue opportunity to join.“To ensure our Tonnage Tax regime is world leading, attracting further jobs and investment into the UK, we do need to see further reform including greater flexibility around how companies are able to opt into the regime.” Further information is available in the Budget documents on pages 87-88. Share:
28 Mar 2024 Weekly Bulletin: Thursday 28 March 2024 A message from our new CEO, Rhett Hatcher: "Firstly, I would like to thank Sarah Treseder for a great handover and wish her the very best for the future. Then, I want to express my excitement at the opportunity to be part of an organisation with such a remarkable history, membership, workforce, and future. Read more Weekly news
22 Mar 2024 Bulletin: Friday 22 March 2024 Welcome to this week's Bulletin. On Monday, we welcomed our new CEO Rhett Hatcher, who will be meeting members and other stakeholders over the coming weeks. Read more Weekly news
22 Mar 2024 MSPs Hear on the Value of Cruise to Scotland On Thursday, 20 March, the UK Chamber of Shipping participated in a roundtable with Members of the Scottish Parliament (MSPs) and the wider cruise industry to discuss the value of cruise to Scotland and how the sector can thrive. Read more News