Tax support for the UK onshore shale gas industry: an innovative approach to an unconventional fuel reserve
The government is ambitious to support industry in its exploitation of shale gas as a new source of energy supply and is anxious to ensure that there are as few tax disincentives as possible to unlocking early exploration.
HM Treasury and the Department for Communities and Local Government issued a consultation document in July — ‘Harnessing the potential of the UK’s natural resources: a fiscal regime for shale gas’. It sought views on its tax proposals and to stimulate debate on the shape of the new regime. The government has now given its response to that consultation and debate.
The Finance Bill 2014 will make provision for the new regime…
If you are registered and logged in to the site, click on the link below to read the rest of the Wragge & Co briefing. If not, please register or sign in with your details below.
News from Wragge Lawrence Graham & Co
News from The Lawyer
Briefings from Wragge Lawrence Graham & Co
There seems to be a growing recognition that retaining the skills of the older worker makes sound business sense. But are we neglecting our younger potential workforce?
Benefit change exercises — what are the practical implications of the IBM case for trustees and employers?
The latest IBM case has implications for employers and trustees when considering changes to members’ pension benefits. But what implications?