TTM17411 - Schedule 22 Finance Act 2000: Part IX the ring fence - capital allowances - Para 74 during - plant and machinery - asset beginning to be used for Tonnage Tax trade

FA00/SCH22/PARA74

A company鈥檚 tonnage tax pool is not increased by reason of an asset beginning to be used for the purposes of the company鈥檚 tonnage tax trade after the company鈥檚 entry into tonnage tax.

References

Expenditure on Tonnage Tax assets TTM09010