Posted on 09.01.2012 - 15:27 EST in OFFSHORE NEWS by ginamc
By Ross Davidson
North-east oil and gas firms and workers who operate in Dutch waters could start paying millions of pounds more in tax after changes to the country’s social security regime.
Authorities in the Netherlands have extended tax regulations to cover offshore workers operating in the Dutch sector of the North Sea, which could leave companies and their employees out of pocket.
The changes, introduced on January 1, mean anyone from the UK working in the Dutch North Sea faces social security contributions of up to £6,677, while businesses will have to pay up to £6,260 per person.