United Kingdom · Question · Written question
UIN 147403
Energy: Taxation
Introduced
17 February 2023
Last action
24 February 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Energy, Taxation
Source updated
24 February 2023
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.
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Timeline
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
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
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-02-17/147403
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1586712
- uk · wq-1586712 · source updated 24 February 2023