ISS confirms reduced UK Light Dues from 1 April 2015

Flags, Regulatory, Taxation — By on February 18, 2015 at 7:09 PM

Inchape banner3Inchcape Shipping Services (ISS) advises ship owners and managers that the rate governing the collection of UK Light Dues is set to reduce from 1 April 2015.  As advised by Trinity House in Circular No 533, for vessels other than those where periodic payments apply, the charge will be 39p per Net Registered Tonne (NRT).

Rates for the coming year (2015/16) have been reduced from 40p in 2014/15, which is a further penny less per NRT than the previous year.  The reduction follows efficiency savings by the GLAs and reflect a UK Government commitment to “create the right conditions to support one of the UK’s most important industries”.*

The 39p rate applies up to a cap of 40, 000 NRT (i.e. a maximum charge of £15, 600) for vessels with and International Tonnage Certificate.  Where an ITC is not produced, the cap will not apply, possibly leading to a greater charge.  An exemption applies from the 10th voyage in the taxation year.

Light Dues are applicable to most commercial vessels making port calls in the British Isles.  The revenue is allocated to the General Lighthouse Fund, which is administered by the Department for Transport and is used to finance the three General Lighthouse Authorities (GLAs), including Trinity House which covers England, Wales, Gibraltar and the Channel Islands.

*Stephen Hammond, Parliamentary Under-Secretary of State for Transport, 6th March 2014

Inchcape Shipping Services is the world’s leading maritime services provider. With nearly 300 proprietary offices in 67 countries, and a workforce of nearly 4, 000 the company’s diverse global customer base now includes owners and charterers in the oil, cruise, container and bulk commodity sectors as well as naval, government and inter-governmental organisations.

ISS provides landside commercial and humanitarian logistics, transit, offshore support, informational and other associated marine services. The company also provides a growing range of outsourcing services including global crew and marine spares logistics; port hub agency management; and sophisticated Enterprise Resource Planning solutions through its subsidiary ShipNet.

Inchcape Shipping Services – A World of Local Expertise     www.iss-shipping.com

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