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Written question asked by John McDonnell (Labour) on Friday, 10 July 2026, in the House of Commons. It was due for an answer on Wednesday, 15 July 2026 (named day). It was answered by Dan Tomlinson (Labour) on Wednesday, 15 July 2026 on behalf of the Treasury.


Tonnage Tax

Question

To ask the Chancellor of the Exchequer, what her estimate is of Corporation Tax relief for qualifying shipping company groups in the Tonnage Tax in 2026-27.

Answer

The latest available estimate of Corporation Tax relief for qualifying shipping company groups in the Tonnage Tax is for 2025-26 which is £145m. This is published in the tax relief statistics on the following link: https://assets.publishing.service.gov.uk/media/69a0194e3e672177d0bc76e6/tax_relief_statistics_january_2026.ods.


Secondary information

Type
Written question
Reference
17692
Session
2026-27
Subjects
Corporation tax Shipping Tonnage tax
Contains statistics
Yes
Link
View this Written question on www.parliament.uk