6 December 2007
Securing a sustainable future: a consultation on the North Sea fiscal regime
Following extensive discussions with the oil and gas industry that examined wider structural issues facing the North Sea fiscal regime the Government is today publishing a consultation document setting out it's conclusions to date. As part of these conclusions the Government is proposing a number of changes to the North Sea fiscal regime, and would welcome comments on these proposals and the accompanying Impact Assessments by the end of January 2008. On a number of other issues Government believes further discussions would be desirable, and intends the discussion period on these to last to the end of June 2008.
Securing a Sustainable Future: A Consultation on the North Sea Fiscal Regime is available below in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page
Media links
Related links
- PDF file of Draft legislation (HMRC website)
- The North Sea fiscal regime: a discussion paper, March 2007
- Platform for change - Report of the HMRC/Industry Working Group on the Taxation of the Change of Use of North Sea Infrastructure (HMRC website)