
Centrica Energy Storage Ltd v HMRC
On 10th April the First-tier FTT (FTT) published its decision in Centrica Energy Storage Ltd v HMRC UK 566 (TC) in relation to the ring fence treatment of intra-group operating/service

On 10th April the First-tier FTT (FTT) published its decision in Centrica Energy Storage Ltd v HMRC UK 566 (TC) in relation to the ring fence treatment of intra-group operating/service

The Chancellor delivered Spring Budget 2023 today. There were two announcements on the specific rules that apply to UK upstream

The Chancellor delivered the Autumn Statement 2022 today. As expected the tax rate applicable to UK oil and gas profits

The judgement in a recent case (Gunfleet Sands Ltd and others v HMRC [2022] UKFTT 35 (TC)), concerning the costs

Today’s announcements by the Chancellor Kwasi Kwarteng did not contain any changes to the current corporate taxation rules specifically aimed
After nearly five years of being part of the Ince group, Phil Greatrex and Paul Rogerson have reacquired the CWE
A new 25% tax on the UK upstream oil and gas industry is being introduced with effect from 26 May
The Energy Profits Levy (EPL) rules have now been finalised, and the rules are contained in the Energy (Oil &
The Energy Profits Levy (EPL) draft legislation has now been published for consultation. The consultation period closes on 28 June

This afternoon the Chancellor announced the recently anticipated, following significant political pressure, tax rise on the profits of companies that