Shell is facing opposition in its attempts to raise finance for its overspent
Sakhalin oil and gas project because the consortium behind it is based in a tax
The group, which is owned by Shell, is seeking cash from UK taxpayers to help
fund the project.
James Leaton of WWF told The Observer: ‘It is unacceptable that
taxpayers’ money is being spent to endorse projects based in a tax haven that
contribute to climate change.’
The UK’s Export Credits Guarantee Department is considering whether to issue
credit guarantees totaling £1bn to the project, the paper reported.
Leaton said: ‘ECGD was set up to promote UK exports. Less than 5% of the
project is British and it is already 75% complete.’
Shell said: ‘UK contractors will benefit from multimillion-pound contracts on
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...