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United Kingdom · Question · Written question

UIN 18892

Energy: Taxation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

15 June 2022

Last action

23 June 2022 · Answer

Status

Answered

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Subjects

Energy, Taxation

Source updated

23 June 2022

Energy · Taxation

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, if he will take steps to ensure that such a policy is (a) fair and equitable given and (b) reflects the comparative

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Timeline

  1. 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, if he will take steps to ensure that such a policy is (a) fair and equitable given and (b) reflects the comparative

    Source: Commons

  2. 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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