Martin Findlay, senior partner at KPMG in Aberdeen comments on the Budget 2018.
Martin Findlay, senior partner at KPMG in Aberdeen
“The Chancellor’s announcement of a desire to make Scotland a global hub for oilfield decommissioning is welcome. However, the call for evidence that was trailed in the Budget needs to be a quick one. Although oilfield decommissioning may be slower than would be the case had oil prices remained low, other countries are already moving to secure their share of the spoils of decommissioning work. The UK needs to move quickly and target appropriate investment and industry assistance appropriately.”
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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 14,500 partners and staff. The UK firm recorded a revenue of £2.2 billion in the year ended 30 September 2017. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 154 countries and territories and has 200,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.