E&P operator refreshed procedures for tax compliance

Our Approach 

• Initial data gathering exercise across the group 
• Prepared corporation tax and deferred tax provisions for inclusion in the group financial statements 
• Handled all queries from auditors supporting the client’s in-house team  
• Liaised with overseas employees and advisors 

 The Outcome 

• Refreshed and streamlined procedures following the initial data gathering exercise 
• Consistent and accurate monthly reporting  
• We support the client by managing all indirect tax compliance and leading UK Joint Venture Audits on their behalf 
• Involvement from an early stage enabled a resolution for historic issues 
• AAB liaised with internal and external resources 
• Proactive planning removed risks and minimised issues