Tonnage and Tax profits

Tonnage Tax Information for this Period

This screen can only be completed for periods starting before 01 April 2015.

To access this screen select Data Entry | Tonnage Tax Profits (CT600F) and select the Tonnage Tax Information tab.

Use this screen to enter details to appear in:

Part 1 Tonnage Tax Information for this period; and
Part 2 Offshore training allowance

The training allowance offset is automatically included in box 61 on the CT600.

Information displayed in Part 1 (boxes F5A - F40B) will automatically be brought forward after completing the Edit | Bring Forward routine.

Relevant Shipping Profits

To access this screen select Data Entry | Tonnage Tax Profits (CT600F), and select the Relevant shipping profits tab.

Use this screen to enter details to appear in Part 3 of the CT600F.

Computation of Tonnage Tax Profits

To access this screen select Data Entry | Tonnage Tax Profits (CT600F), and click Computation of tonnage tax profits tab.

Use this screen to enter details to appear in Part 4 of the CT600F.

To enter the details for each ship click on Click here to add information in the white space.

This displays a data entry panel where you can enter the:

Name of ship
IMO number
Interest in ship* (O/F/T/G)
Gross tonnage
Net tonnage
Days operated
Tonnage Tax profits
Flagged in register of Member State
Operated for first time in AP

Box F70 is calculated by the system based on the data entered for each ship. The figure in F70 is automatically entered in box 200 on the CT600.

Certain information will automatically be brought forward after completing the Edit | Bring Forward routine.

This includes:

Name of the ship
IMO number
Interest in ship
Gross tonnage
Net tonnage
Flagged in register of Member State
Operated for first time in AP

If an amount appears in the net tonnage field then Business Tax will detect if there is something already there and no information will be brought forward.

Computation of Tonnage Tax Profits

To access this screen select Data Entry, Tonnage Tax Profits (CT600F), Computation of tonnage tax profits.

Use this screen to enter details to appear in Part 3 of the CT600F.

To enter the details for each ship click on the words "Click here to add information" in the white space. This displays a data entry panel where you can enter the:

Name of the ship

IMO number

Interest in ship

Net tonnage

Number of days operated

Tonnage tax profits

Box F10 is calculated by the system based on the data entered for each ship. The figure in F10 is automatically entered in box 13 on the CT600.

Certain information will automatically be brought forward after completing the Edit | Bring Forward routine. This includes: