TTM02000 - Tonnage Tax Elections
Table of contents
Outline
| TTM02001 | Outline |
Pre-election clearance
| TTM02010 | Clearance application before initial election |
| TTM02020 | Clearance application before renewal election |
| TTM02030 | Areas covered by clearance application |
| TTM02040 | Information to be provided to inspector |
| TTM02050 | Timing of clearance application |
| TTM02060 | Foreign company or group considering commencing qualifying activities in the UK |
How to elect
| TTM02100 | Company or group election |
| TTM02110 | Form of election |
| TTM02120 | Action by inspector on receipt of election |
When to elect
| TTM02150 | Window of opportunity when qualifying on or before 28 July 2000 |
| TTM02160 | Window of opportunity when qualifying after 28 July 2000 |
| TTM02170 | Window of opportunity when opportunity to elect under the merger provisions |
| TTM02180 | Further windows of opportunity by Treasury order |
When election takes effect
| TTM02200 | General rule |
| TTM02210 | Backdating an ‘initial period’ election |
| TTM02220 | Deferring an ‘initial period’ election to the next accounting period |
| TTM02230 | Deferring an ‘initial period’ election to the next but one accounting period |
| TTM02240 | Group companies with different accounting periods |
| TTM02250 | Election, where qualifying after 28 July 2000, but made before end of ‘initial period’ |
| TTM02260 | Election, where qualifying after 28 July 2000, and made after end of ‘initial period’ |
| TTM02270 | Appeals against inspector’s refusal to vary date of entry |
| TTM02301 | Example 1: Election in ‘initial period’ |
| TTM02302 | Example 2: Group companies with common accounting dates |
| TTM02303 | Example 3: Group companies with differing accounting dates |
75% limit exceeded in first AP
| TTM02400 | Election made in ‘initial period’ |
| TTM02410 | Election made after ‘initial period’ |
Period for which election in force
| TTM02500 | Period for which election in force |
Renewal election
| TTM02600 | Renewal election |
