In the UK budget yesterday, it was announced by the Chancellor that a panel of experts is to be set up to look into the issue of tax on North Sea producers, with a discussion paper to then be published. This is likely to include consideration of decommissioning tax incentives – an important aspect for North Sea M&A.
09 Mar 2017
North Sea decommissioning tax relief
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North Sea decommissioning tax relief
Jersey Oil & Gas PLC (JOG:LON) | 154 0.8 0.3% | Mkt Cap: 50.5m
- Published:
09 Mar 2017 -
Author:
Daniel Slater, CFA -
Pages:
3
In the UK budget yesterday, it was announced by the Chancellor that a panel of experts is to be set up to look into the issue of tax on North Sea producers, with a discussion paper to then be published. This is likely to include consideration of decommissioning tax incentives – an important aspect for North Sea M&A.