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Written question asked by Lord Prescott (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Thursday, 15 December 2011.


Shipping: Tonnage Tax

Question
To ask Her Majesty’s Government how much revenue they received from tonnage tax on British shipping during each year since its establishment.
Answer

The information requested could be provided only at disproportionate cost. The table below shows estimated tax liabilities due to tonnage tax for each year from 2000 to 2009 (the latest year for which full data are currently available):

Year Tax Liabilities
2000 £1.2m
2001 £2.1m
2002 £2.8m
2003 £3.0m
2004 £3.4m
2005 £3.7m
2006 £4.1m
2007 £4.3m
2008 £4.4m
2009 £4.6m

Secondary information

Type
Written question
Reference
13953; 733 c290WA
Session
2010-12
Subjects
Tonnage tax Tax yields
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk