Cost savings for UK energy company on tax compliance

Case Study25th Jun 2021

Contributors

Related services

Our Client 

A UK energy company requiring tax compliance advice for their global workforce under a modified arrangement including a compliant approach to payroll.  

Our Approach 

  • Improve the tax reporting through a proactive approach 
  • Gave the client peace of mind through a dedicated client service team 
  • Support the client by providing a bespoke delivery 
  • Detailed implementation project plan and tax compliance timeline  

The Outcome 

  • Cost savings in the restructure of the Global Tax Policy 
  • One dedicated point of contact for the client and their employees, establishing a great working relationship with regular face to face meetings 
  • Full global workforce tracking systems implemented for compliance  
  • A new and consistent approach to reporting 
  • Inherited payroll and tax challenges were resolved for the client 
  • Full briefings provided to client employees

Contributors

Related services

Sign up for the latest industry insights

  1. Blog8th May 2024

    Alasdair Green, ESG Partner and author of ESG diligence

    ESG Diligence: The Key To Sustainable M&A Transactions

    In today’s dynamic investment landscape, the integration of Environmental, Social, and Governance (ESG) factors has become more than just a trend. It is emerging to be strategically imperative alongside other more traditional performance measures such as profitability and financial performance. …

    By Alasdair Green

    View more

  2. Blog7th Jul 2023

    Alasdair Green, Head of ESG and Corporate Finance Partner

    How Important is ESG in M&A Transactions?

    Environmental, Social and Governance (ESG) is attracting increasing attention from investors and acquirers when evaluating investment, growth funding and M&A opportunities.    At the outset of a possible deal, investors and acquirers are now taking more rigorous ESG considerations into account. …

    By Alasdair Green

    View more

  3. Blog24th Jun 2020

    Upstream E&P – Navigating complex landscapes in the energy sector

    The Energy sector today is an incredibly complex landscape for executives and their leadership teams to navigate. It is increasingly challenging for them to know which way to go or where to turn. Crude market volatility and low prices continue as a result of the double impact of drop in demand…

    By Alasdair Green

    View more

  4. Blog10th Apr 2020

    Modelling Risks & Opportunities in Upstream Oil & Gas

    The double whammy of the COVID-19 pandemic and the effects of the Opec+ price war is presenting what is rapidly becoming the upstream oil and gas sector’s biggest challenge to date.   The combination of a dramatic drop in global consumption due to movement restrictions and lockdowns, with a market currently being flooded by Saudi Arabia and Russia with…

    By Alasdair Green

    View more