Despite the increasing pressures faced by employers to keep their businesses profitable and employees in jobs, the government continues to add to their reporting and financial burdens while removing key advantages that have helped fund their growing obligations.
Here's some valuable advice if you’re planning on realising the value of your shares.
Across all industries we are experiencing the need and the benefit of becoming much more competitive and efficient in managing and running all aspects of our businesses. We are seeing the need for higher productivity, increased innovation, technological improvement and application. With this comes the need for more activity and investment in Research & Development (R&D).
The negative effects of the Oil & Gas downturn are all around us – but more positively, we are also experiencing the need and the benefit of becoming much more efficient in managing and running all aspects of our businesses. The Maximising Economic Recovery effort has gained momentum. We have seen average lifting costs gradually fall amongst the operators, green shoots of greater collaboration are starting to appear across the industry – and crucially we see the need for more efficiencies, higher productivity, increased innovation and technological improvement in what will be the next chapter of our industry.
Changes in legislation make the choice more complex today.
Continuing on with our multipart series looking into Norwegian tax considerations companies need to be aware of when sending their employees abroad, AAB’s team discusses the interaction between foreign taxes and HM Revenue & Customs.