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Budget 2021 – what does this mean for you and your business?

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Budget 2021 – what does this mean for you and your business?

Budget 2021 proposes reform of UK tonnage tax

Last week’s budget included the first substantive reform of UK tonnage tax since it was introduced in 2000. Following the UK’s departure from the EU, the Chancellor’s aim is to create a more flexible and attractive system for overseas shipping groups to relocate to the UK and to maintain the UK’s status as a leading country in the maritime industry.

Read our Shipping sector analysis on what the Autumn Budget 2021 means for you and your business.


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