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United Kingdom · Question · Written question

HL HL5386

Offshore Industry: Tax Allowances

answeredUnited Kingdom· UK Parliament· EN

Introduced

3 March 2025

Last action

17 March 2025 · Answer

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Answered

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Discovery layer

Source updated

17 March 2025

Summary

To ask His Majesty's Government how many decommissioning relief deeds (DRDs) have been entered into since their introduction; how many DRDs have been triggered to date; what estimate they have made of the cost of the resulting total payments; and what est

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Timeline

  1. 3 March 2025

    Written question

    To ask His Majesty's Government how many decommissioning relief deeds (DRDs) have been entered into since their introduction; how many DRDs have been triggered to date; what estimate they have made of the cost of the resulting total payments; and what est

    Source: Lords

  2. 17 March 2025

    Answer

    The Government lays a Written Ministerial Statement in Parliament each year updating on the progress of its Decommissioning Relief Deed (DRD) policy. The latest statement was made on 21 March 2024 covering the 2022-23 financial year and indicates 108 DRDs...

    Source: Written answer

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