UK Continental Shelf (North Sea Oil) - Further Information

Tell me about...

You may also want:

  • Mineral Extraction Allowance
    Provides advice on Mineral Extraction Allowances (MEA) and taxation matters specifically relating to mines, quarries and the like.

  • Statutory Market Values
    Where a participator in a U.K. oil field disposes of oil, liquefied petroleum gases (LPGs) and condensate otherwise than by way of a sale at arm's length the disposal is taxed as if it took place at a statutorily defined market value.