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Great lady of the sea

Jun 3, 2008, 12:42 PM
Authors : Richard
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Post date : Jun 3, 2008, 12:42 PM
Reading Mike’s nautical blog entry (or should that be log entry? Anyway, belay that thought) reminds me that it’s sad to see that a great lady of the sea is finally heading for a lighter role in life.
I refer of course to the fact that the QE2 will sail on its final voyage in October; she will be heading for Dubai, where she will be converted into an hotel.
Why are ships referred to as ‘she’?
No one really seems to know.
Explanations range from the fact that in ‘romance’ languages, the word for boat is feminine and my GCSE Italian reminds me that it is ‘la barca’.
Alternatively, and perhaps the most logical reason is that, especially when at sea, a ship is nearer and dearer to the sailor than anyone except his mother.
Another explanation that I have heard is that ‘it’s because she shows her topside and hides her bottom…’
Whatever, what’s really of interest to us at Taxation is the fact that, according to The Daily Telegraph, the QE2 was built for £29 million and was sold for £50 million, ‘complete with decades of maritime history dating back to the founding of Cunard in 1840’.
Would anyone like to submit the tax computation relating to the sale?

For advice on capital allowances and more at Taxation.co.uk, click here.
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