United Kingdom · Question · Written question
UIN 12945
Energy: Taxation
Introduced
6 November 2024
Last action
14 November 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Energy, Taxation
Source updated
14 November 2024
Summary
To ask the Secretary of State for Scotland, what assessment he has made of the potential impact of (a) increases to the Energy Profits Levy and (b) the abolition of the investment allowance on future trends of private investment in north east Scotland.
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Timeline
6 November 2024
Written question
To ask the Secretary of State for Scotland, what assessment he has made of the potential impact of (a) increases to the Energy Profits Levy and (b) the abolition of the investment allowance on future trends of private investment in north east Scotland.
Source: Commons
14 November 2024
Answer
At Autumn Budget 2024, the government confirmed that from 1 November 2024, the Energy Profits Levy (EPL) rate would increase by 3 percentage points to 38%, the EPL investment allowance would be abolished and the EPL decarbonisation allowance rate would be...
Source: Written answer
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Sponsors
- · Scotland Office · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-11-06/12945
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1740162
- uk · wq-1740162 · source updated 14 November 2024