Select Committee on Environment, Transport and Regional Affairs Appendices to the Minutes of Evidence

Supplementary Memorandum by F T Everard & Sons Limited (FUS 32A)

  1. I gather that the Inland Revenue have said that the income tax concessions were granted for military reasons. I think it is very interesting that our coastal tankers which are considered to be strategic were not allowed to join in the scheme. These are very sophisticated vessels and you need people to be trained to a very high standard in order to run them. The people who work for us have to pay full income tax and we have been losing "Brits" over the last few years. These ships should be included if the reason is military.

  2. I understand also that it has been said that the number of Canadians trading on UK coastal ships is very small in number but considering how many there were three years ago they are increasing at a high rate and it is not just Canadians. I understand that two major short sea and coastal companies, namely James Fisher and Stephenson Clarke, are replacing their British crews on their dry cargo ships with foreign crews which I think makes my prediction that as time goes on there will be a majority of foreigners trading in the UK and short sea coastal vessels.

  I also repeat the point that countries such as Sweden can send their ships to trade around our coast which is by far the largest cabotage trade in Europe and either the companies or the crews receive income tax relief.

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