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UK tonnage tax set to ditch EU flag requirement

Britain will broaden range of owners who can benefit from shipowner tax break in hope of boosting Red Ensign, government says in budget

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Industry responses range from ‘puts the great back into British shipping’ to ‘complete capitulation to global capitalism’

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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