United Kingdom · Question · Written question
UIN 18890
Electricity Generation: Profits
Introduced
15 June 2022
Last action
23 June 2022 · Answer
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Answered
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Discovery layer
Source updated
23 June 2022
Summary
To ask the Chancellor of the Exchequer, with reference to his oral statement of 26 May 2022 on Economy Update, Official Report, column 451, what method his Department is using to carry out the evaluation of the scale of extraordinary profits in certain pa
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Timeline
15 June 2022
Written question
To ask the Chancellor of the Exchequer, with reference to his oral statement of 26 May 2022 on Economy Update, Official Report, column 451, what method his Department is using to carry out the evaluation of the scale of extraordinary profits in certain pa
Source: Commons
23 June 2022
Answer
As the Chancellor announced in the Economy Update 2022, the Government is introducing the Energy Profits Levy, a new 25 per cent surcharge on the extraordinary profits the oil and gas sector is making. The new Energy Profits Levy will raise around £5 bill...
Source: Written answer
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-06-15/18890
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1470607
- uk · wq-1470607 · source updated 23 June 2022