Share Fishermen: Taxation

(asked on 21st June 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions his Department has had with HMRC on the development of an alternative tax budgeting scheme for share fishermen.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 1st July 2019

There have been no such discussions between HM Treasury and HM Revenue & Customs to date.

The information regarding what proportion and number of share fishermen participated in the share fisherman scheme in each year from 2007 to 2017 is not held centrally and could not be obtained without incurring disproportionate costs.

However, HMRC are able to report that as of October 2018, there were 964 fishermen registered for the National scheme and 242 fishermen registered for the Scottish scheme.

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