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
Court of Appeal decision published in the Royal Bank of Canada case In March 2022. we published a newsletter on
Companies that are members of multinational groups (“MNE”) with annual consolidated revenue of €750 million or more will be required
As reported in our Newsletter of 15 March, the increase in the rate of Energy Profits Levy (‘EPL’) to 35%
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