Aberdeen drilling firm ‘extremely disappointed’ as it loses £13m HMRC tax case
Dolphin Drilling has vowed to appeal.
Her Majesty’s Revenue and Customs (HMRC)
Revealed: The 28 firms owed more than £140m by North Sea operator IOG
Administrators appointed by IOG have identified 28 creditors owed money by the troubled North Sea oil and gas firm
Troubled North Sea firm IOG owes more than £140m as administrators look to restructure
Troubled North Sea firm IOG owes more than £140 million to creditors as administrators look to restructure the company, new documents have revealed.
Calls for clarity after government shelves plans to repeal IR35 rules
Westminster is being told it must do more to support the “entire flexible labour market” after dropping plans to repeal IR35 tax rules.
New data finds IR35 tax changes are ‘hampering growth’ of UK oil and gas industry
Controversial changes to off-payroll working tax rules have left some oil and gas firms struggling to fill ‘vital roles’, according to new data.
UK government hands Shell £92m rebate for 2021
Shell received net rebates of over $121 million (£92m) from the UK government last year, the largest total from any country in which it operates.
Petrofac awaits outcome of £127 million HMRC court battle
Petrofac (LON: PFC) is awaiting the outcome of a £127 million court battle with HMRC, and said a portion of the costs could land on its customers.