TTM03000 - Qualifying Companies and Ships

Introduction

This section covers the meaning of qualifying ships and qualifying companies. It includes temporary cessations, types of charter, types of vessel and ship registration/flagging. Guidance is given on the meaning of the words “sea” and “sea going” and it also explains the strategic and commercial management tests.

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Table of contents

QUALIFYING COMPANY AND GROUP

TTM03001

Qualifying company: Meaning

TTM03010

Qualifying group: Meaning

Temporary cessation

TTM03050

Temporary cessation: Election to remain in Tonnage Tax

TTM03060

Temporary cessation: termination of election to remain in Tonnage Tax

Operating a ship

TTM03100

Operating a ship: Meaning

Bareboat charter-out

TTM03150

Bareboat charters-out

TTM03160

Person to whom chartered is not a third party

TTM03170

Ship chartered-out because of short-term over-capacity

TTM03180

Ship in service of government department

TTM03190

Examples

QUALIFYING SHIP

TTM03500

Qualifying ship: Meaning

Seagoing

TTM03510

Seagoing ship

TTM03515

Certification of ships

TTM03520

Certification of ships: restricted certificates

TTM03530

Area of operation limited to sheltered waters

Use of ship

TTM03540

Qualifying ships

TTM03545

Carriage by sea of passengers

TTM03550

Carriage by sea of cargo

TTM03560

Towage, salvage or other marine assistance

TTM03570

Transport by sea in connection with other services of a kind necessarily provided at sea

TTM03580

When does a new ship first become a qualifying ship?

TTM03590

When does a ship cease to be qualifying?

TTM03595

Sea: meaning of

Excluded vessels

TTM03600

Non qualifying ships - introduction

TTM03610

Non qualifying - services normally provided on land

TTM03620

Excluded vessels

TTM03630

Pleasure craft

TTM03635

Fishing vessels or factory ships

TTM03640

Harbour, estuary or river ferries

TTM03645

Offshore installations

TTM03670

Tankers dedicated to a particular oilfield

TTM03675

Need to consider end-user of chartered ship

TTM03680

Tugs other than qualifying tugs

TTM03685

Qualifying tugs - flagging

TTM03690

Dredgers; non qualifying and qualifying

TTM03695

Examples of qualifying and non-qualifying ships

Change of use

TTM03700

Effect of change of use

TTM03710

Temporary change of use

TTM03720

Temporary change of use: Examples

STRATEGIC AND COMMERCIAL MANAGEMENT

TTM03800

Introduction

TTM03810

Strategic management

TTM03820

Commercial management

TTM03830

Additional factors

TTM03840

Examples

FLAGGING

TTM03900

Qualifying Ships - Flagging - Introduction

TTM03905

Excepted Years

TTM03910

Overview

TTM03915

Flagging - condition 1

TTM03920

Flagging - condition 2

TTM03925

Flagging - condition 3

TTM03930

Substitute ships

TTM03940

Tugs & dredgers

TTM03945

Member states registers