ITA 2007, s. 1001 defines an offshore installation as a structure actively used in a specified manner and ‘structure’ here can include ships and other vessels. The main consequence of the definition is in clarifying that employees on offshore installations cannot claim the seafarers' deduction (formerly the foreign earnings deduction) from earnings liable to UK income tax.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.