Written by an Ex-Pat.
I feel that no matter what concessions appear to being made in the longer term the tax ruling will do damage to the British Shipping industry and upset a number of people in the O & G game also. For those that have the will there is a way. For those not prepared to leave the UK you will end up paying tax for sure.
This year it may seem that pipe lay barges and survey vessels are OK.. next year it might be a different story as they gradually do what they do best in the UK…. chip away at your rights and freedom in what is supposed to be a democratic society.
I left years ago, and will not return to a country who’s government is hell bent on ruining what was once one of the greatest ship building and sailing nations ever seen on this earth. With this move they are destroying what little is left of our shipping industry.. just as it seemed to be getting under way again. It’s a very self destructive policy by the very government voted in to look after our nation.
