As the world reduces its reliance on fossil fuels, there becomes an ever-increased demand for energy that is derived from renewable sources. One sector we have seen a significant increase in businesses working in is the offshore windfarm industry including both the operation of windfarms and the provision of services to allow these windfarms to operate. The increase in offshore windfarms is a global theme with many countries moving away from traditional energy sources and looking for a more sustainable supply.

A PAYE Settlement Agreement (PSA) is currently an annual agreement made with HMRC, which allows employers to settle the tax and National Insurance (NI) due on small or irregular taxable expenses or benefits provided to employees.  

As time goes by and there are attempts to get life back to "normal", many workplaces will find themselves with a real mix of employee work situations. For many, the return to an office or normal place of work can’t come quick enough and for others a sense of anxiety means they are likely to choose working from home for as long as possible. 

As featured in Energy Voice, Anderson Anderson & Brown Corporate Finance (“AABcf”) are delighted to share our quarterly Deals+ update for Q2 2020, highlighting selected Oil & Gas M&A and Fundraising transactions across the UK.

The Energy sector today is a constantly changing, evolving and complex landscape.  It is continuously seeking to find an equilibrium in the turbulence of supply and demand, fossil fuels and renewables, and survival and growth.  All of which is underpinned by fierce competition for investment.  

As part of his plan for job retention , Chancellor Rishi Sunak announced that UK employers would receive a one-off bonus of £1,000 (“JRB”) for each furloughed employee who is still employed as of January 31 2021.