However, what you want to achieve is for the tonearm to be level, and if that requires spacers to raise it, then use whatever thickness is necessary.I must respectfully disagree. Whether one's tonearm is level or otherwise is almost completely irrelevant.
In this context what matters are the angles between the stylus, cantilever and groove. That's where vinyl music reproduction begins, not up in the air in the arm tube.
The easiest and most reliable way to rough in arm height is to find out out how other people play your cartridge. The angle a cartridge prefers will be the same regardless of what arm it's mounted on.
In the case of a Shelter, the most commonly preferred attitude is SLIGHTLY tail-down. Use whatever spacers you need to achieve that. (Make sure your VTF is set properly. Changing VTF alters VTA and vice-versa.)
Fine-tuning by ear from there is desirable, though with a Rega spacers-and-locking nut setup it's probably not worth the trouble. You'd need one of the aftermarket arm height adjusters to do any real tweaking.