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In the latest developments in the United Kingdom, we delve into the implications of the recent Budget announcement while highlighting the extension of Freeport tax relief. Additionally, we explore key elements such as the Emissions Trading Scheme (ETS) and Tonnage tax. Notably, the government has officially confirmed a significant 45% reduction in the availability of ETS permits for purchase between 2023 and 2027.

Our coverage extends to insights from our adept audit and ESG team, providing valuable guidance on how the Statutory Audit and Reporting Services (SRS) can play a pivotal role in supporting businesses as they navigate through the upcoming audit period.

We are pleased to present BDO Denmark's seasoned shipping team and explore the favourable prospects and incentives available for shipping enterprises. Stay informed about essential developments within the shipping sector, both in the UK and internationally, through our extensive coverage. This will ensure that you are well-prepared to make informed decisions in the dynamic and ever-evolving economic landscape of the shipping industry.

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