GREY:ROAOF - Post by User
Post by
bcjton Nov 04, 2004 11:39am
476 Views
Post# 8136686
Ok -UK Tax's
Ok -UK Tax'sMan i am going cross eyed,just browsed through 28f..pages deloitte uk.
Tax rate oil/gas is 30% of net profit,except The first year of production you pay no tax if your platform/buildings/pipe lines etc costs exceed the net profit,rather tasty tax rate