Blog21st Jun 2017Double funding for innovationEarlier this month, Nicola Sturgeon announced that oil and gas innovation spend had almost trebled to £43m in Scotland last year. The Scottish government has surpassed its commitment to provide £10m of support for innovative projects in the industry and…View more
Blog14th Jun 2017With inflation rising, is it time to cut the VAT rate?As the inflation rate continues to creep up, there are increasing calls for the VAT rate to be cut. This was the approach taken by the Government in December 2008 at the start of the financial crisis when the standard…View more
Blog14th Jun 2017Global Mobility – Is your policy robust? – Case StudyFollowing on from our recent blog regarding businesses having a global mobility policy, we have seen a number of cases where the need for a robust policy has come to the fore.View more
Blog31st May 2017Ensure your overseas contract ‘Does-what-it-says-on-the-tin’The UK oil and gas market continues to be stagnant and UK companies are increasingly looking overseas for work opportunities and tendering for potentially lucrative contracts.View more
Blog29th May 2017Global Mobility – Global cost burdenEmployers know their biggest asset is their people, they also know that in order to attract the best people they need to have a competitive benefits and remuneration package.View more
Blog26th May 2017State Pension age about to increase?It has recently been reported in the UK media that the government has delayed its response to the two independent reviews into raising the State Pension Age. The Secretary of State was due to publish the report by 7th May…View more
Blog24th May 2017Working Overseas? Get Your Commercial Head On!Over many years working with various clients, our experience is that companies are often unaware of, or ignore, the tax obligations that they, and/or their employees, may have when working overseas. Failing to properly understand the tax consequences of working…View more
Blog24th May 2017The “£1m” Residence Nil Rate BandSince it’s grand unveiling in the Summer Budget 2015, much publicity has been given to the generous new £1m Residence Nil Rate Band (RNRB) which came into being on 6 April 2017. However, is the new allowance all that it…View more
Blog22nd May 2017VAT in the GCC – Are you ready for 2018?The signing of the VAT Treaty by the Gulf Cooperation Council (“GCC”) brings us a step nearer to understanding how VAT will affect businesses trading in the GCC from 1 January 2018. Whilst not all GCC states may go live…View more
Blog19th May 2017Business Protection – What Does It Really Mean?Many deals are completed, conversations had, risks assessed but then there is very often a lack of follow up action taken with regards business protection. In many instances, this will come down to short-term cost (premium affordability) versus the long-term…View more
Blog17th May 2017Norwegian VAT Claims – Deadline approachingBusinesses operating within Norway will pay Norwegian VAT on in-country costs. With the standard VAT rate in Norway at 25%, even relatively small amounts can result in a significant VAT cost accruing over a year. There is a mechanism which…View more
Blog15th May 2017Effective & Strategic Business Models in the E&P sectorThe negative effects of the Oil & Gas downturn continue to be evident – but more positively, we are also experiencing the need and the benefit of becoming much more efficient in managing and running all aspects of our businesses…View more