Mining And Energy

We provide advice and support to businesses in the Mining and Energy sector.

About us

As experienced advisors in the Mining and Energy sector, our team has seen most industry issues before and will be able to bring to your business our relevant and practical experience.

We provide a full range of services for businesses across the Mining and Energy sector, with a particular focus on those operating in overseas jurisdictions.

The Corporate Advisers Rankings Guide, published quarterly by Adviser Rankings Limited, rank Crowe UK as the 6th largest auditor to oil and gas companies and the 10th largest auditor to mining companies listed on AIM and the London Stock Exchange (November 2018).

Our services

Audit and Assurance
- Statutory audits
- Reporting accountants
- Royalty audits
- Financial due diligence
- IFRS conversions
- Management accounts
- Internal audit

Tax
- International tax structuring
- VAT structuring
- Tax due diligence
- Statutory compliance
- Transfer pricing reviews
- EIS and VCT assurance

International Mobility
- Immigration
- Relocation support
- International payroll
- Statutory compliance
- International Social Security
- Employer and employee tax compliance

Advisory
- Forensic and fraud investigations
- Business plans
- Financial modelling
- Valuations
- Exit planning
- Capital Markets

As with our recent Titan acquisition, we were very confident that the team at Crowe would be able to deliver their work to a tight deadline and enable us to conclude this reverse acquisition within the timetable. We were not disappointed.

Brad Gray

Finance Director & US Chief Operating Officer

Diversified Gas & Oil PLC

VAT recovery at the Holding Company level

The issue

Recovery of UK VAT on transaction and day-to-day running costs remains a hot topic and a continued area of focus for HMRC in the UK.
It is common for natural resources companies to have a structure with a UK holding company on top of overseas exploration and producing subsidiaries.
UK VAT rules require the holding company to carry on an ‘economic activity’ in order to be able to recover VAT. In a number of cases, HMRC has successfully challenged that either this is not happening, or that there is insufficient evidence to show that it is happening.

How we can help

Prevention is better than cure; we can assist with reviewing the robustness of your current arrangements to give you comfort that they comply with the VAT rules and would stand-up to challenge.
Support you with any remedial actions you may need to take.
If you are in dispute with HMRC, to support you in bringing these to a successful resolution.