Speeches

Ian Mearns – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Ian Mearns on 2015-12-03.

To ask Mr Chancellor of the Exchequer, what total (a) gross and (b) net revenue has been collected by HM Revenue and Customs from companies in the tonnage tax scheme since 2000-01.

Mr David Gauke

The table below shows estimated tax liabilities due to tonnage tax for each year from 2000-01 to 2013-14 (the latest year for which data are currently available):

Tax

Tax Liabilities

Year

£m Rounded

2000-01

1.4

2001-02

2.3

2002-03

2.9

2003-04

3.1

2004-05

3.4

2005-06

3.9

2006-07

4.3

2007-08

4.3

2008-09

4.4

2009-10

4.6

2010-11

4.6

2011-12

4.4

2012-13

4.2

2013-14

3.6

Notes: 1. The latest data for 2013/14 are provisional and may be subject to change.