Written Question·Department for Environment, Food and Rural Affairs·UIN 59556

Fishing Vessels: Grants and Tax Allowances

Tabled: 12 June 2025
Answered: 17 June 2025

Question

Charlie Dewhirst

Conservative — Bridlington and The Wolds

To ask the Secretary of State for Environment, Food and Rural Affairs, if he list the (a) tax reliefs and (b) grant schemes to support fishing vessel upgrades to adapt to changing (i) economic and (ii) environmental conditions.

Answer

Daniel Zeichner
Alongside existing tax reliefs, we are committed to supporting fishers through targeted financial schemes that enable vessel modernisation and adaptation. Available reliefs include Annual Investment Allowance (AIA), Enhanced Capital Allowances (ECA), Fuel...
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