Legislation Day: Oil and Gas Measures
There were three measures announced today as part of the Government’s “legislation day” which are particularly relevant for oil and gas companies. The first two are aimed at companies operating
July 14, 2026
There were three measures announced today as part of the Government’s “legislation day” which are particularly relevant for oil and gas companies. The first two are aimed at companies operating
The recent First-tier Tribunal case of Perenco UK Ltd v HMRC determined that payments made by the user field owners
On 1 July 2021, a statement providing a framework for reform of the international tax rules was published by the
On 7 May IASB published limited scope amendments to the application of the Initial recognition Exemption (IRE) to transactions which
The recent First-tier Tribunal (‘FTT’) decision in M Group Holdings Limited v HMRC is a salutary reminder that there are
HMRC published a summary of responses to the first consultation and opened a second consultation to invite further views on
The Finance Bill 2021 was published on 11 March 2021. We set out below our comments on the key provisions
The Chancellor delivered Budget 2021 today. We set out below the key announcements that apply to the oil and gas
The Government announced last week that the UK will now not implement the EU Mandatory reporting rules (‘DAC6’) in full.
Implementation of uncertain tax treatments notification is delayed until April 2022 The Government announced last week that the implementation of