United Kingdom · Question · Written question
UIN 3216
Energy: Taxation
Original
Introduced
30 August 2024
Last action
9 September 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Energy, Taxation
Source updated
9 September 2024
Summary
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing a windfall tax for energy companies to help support consumers with the cost of energy bills.
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Timeline
30 August 2024
Written question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing a windfall tax for energy companies to help support consumers with the cost of energy bills.
Source: Commons
9 September 2024
Answer
The Energy Profits Levy (EPL) was introduced in May 2022 to tax the extraordinary profits of oil and gas companies operating in the UK and on the UK Continental Shelf. The levy is currently set at a rate of 35%, bringing the overall headline tax rate on u...
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/2024-08-30/3216
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1725976
- uk · wq-1725976 · source updated 9 September 2024