PoliticalRepoPoliticalRepo

United Kingdom · Question · Written question

UIN 147403

Energy: Taxation

answeredUnited Kingdom· UK Parliament· EN

Introduced

17 February 2023

Last action

24 February 2023 · Answer

Status

Answered

Sponsors

Subjects

Energy, Taxation

Source updated

24 February 2023

Energy · Taxation

Summary

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the impact of the Energy Profits Levy on investment in the North Sea, including by independent operators.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 17 February 2023

    Written question

    To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the impact of the Energy Profits Levy on investment in the North Sea, including by independent operators.

    Source: Commons

  2. 24 February 2023

    Answer

    The Energy Profits Levy (EPL) was introduced in May 2022 in response to sharp increases in oil and gas prices over the past year. At the Autumn Statement 2022, the Chancellor announced that the rate of the levy would rise by ten percentage points to 35% f...

    Source: Written answer

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

No documents linked.

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.