An Aberdeen MP has called for a u-turn on national tax plans- saying oil workers will be hit hard.
A tax expert has described the government’s five-week review of incoming IR35 legislation as “nowhere near long enough” to fully consider its complex range of issues.
A government review has been launched into new tax rules expected to hit thousands of contractors across the oil and gas industry.
North-east oil and gas workers face a 25% loss of earnings if new tax rules come into effect next year, an MP has warned.
The oil and gas industry has welcomed the new UK government as it looks ahead to a “transformational” sector deal and braces for tax changes for thousands of contractors.
Campaigners fighting to overturn a Government decision to approve a fracking site in Lancashire face a wait to see if they have won the latest round of their legal battle.
Campaigners fighting to overturn a Government decision to approve a fracking site in Lancashire are returning to court for the latest round of their legal battle.
The Business Secretary is arriving in Mumbai to hold talks with steel giant Tata as efforts continue to save thousands of jobs.
The Government is ready to provide support in order to clinch a deal to save the Port Talbot steelworks, Business Secretary Sajid Javid has said.