United Kingdom · Question · Written question
UIN 166222
Electricity Generation: Taxation
Original
Introduced
15 March 2023
Last action
21 March 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Taxation
Source updated
21 March 2023
Summary
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of introducing an investment allowance to the Electricity Generator Levy comparable with that under The Energy (Oil and Gas) Profits Levy.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
15 March 2023
Written question
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of introducing an investment allowance to the Electricity Generator Levy comparable with that under The Energy (Oil and Gas) Profits Levy.
Source: Commons
21 March 2023
Answer
The Electricity Generator Levy (EGL) and the Electricity Profits Levy (EPL) are designed very differently. Unlike the EPL, the EGL is not a tax on a comprehensive measure of profit that is calculated after recognition of total revenues and costs. Instead,...
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
- · Treasury · Answering body
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-03-15/166222
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1604355
- uk · wq-1604355 · source updated 21 March 2023