CLT
 

Upstream Oil and Gas: Petroleum Revenue Tax
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COURSE OBJECTIVES: To provide an introduction to the workings of Petroleum Revenue Tax which apply to companies exploring for and producing oil and gas in the UK and on the UK Continental Shelf.


COURSE CONTENT


The course will include:


  • A brief introduction to the UK Oil and Gas licensing regime

  • Outline of the main taxes which apply to oil companies operating in the North Sea
  • An outline of Petroleum Revenue Tax (PRT)

    - Overview

    - Income

    - Expenditure

    - Non-field expenditure

    - Allowances & reliefs

    - Tariffing

  • Issues arising on change of ownership of fields

  • Analysis of the rules surrounding abandonement


WHO SHOULD ATTEND


The course is suitable for all those who need a background to UK oil and gas Petroleum Revene Tax including:


  • Tax professionals who have recently moved into the area

  • Finance staff involved in tax reporting

  • Commercial and legal staff who need to have a broad understanding of the taxation landscape



Would you like this course run in-house? Call us on 0207 566 8207 to find out more


Paul Rogerson Paul has worked in corporate tax since 1986, specialising in the energy sector from that time. He has a wide breadth of experience, gained, in part, from secondment to companies and his role in coordinating international tax for a number of clients.

Fees (ex VAT)

Member Fee £195.00

Non Member Fee £395.00
Locations & Dates
11/09/2012 - London (09:30 am - 12:45 pm)   Speaker & Venue Details BOOK >>