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United Kingdom · Question · Written question

UIN 3675

Energy: Taxation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

30 August 2024

Last action

9 September 2024 · Answer

Status

Answered

Sponsors

Subjects

Energy, Taxation

Source updated

9 September 2024

Energy · Taxation

Summary

To ask the Chancellor of the Exchequer, what her planned timetable is for ending the investment allowance within the Energy Profits Levy.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 30 August 2024

    Written question

    To ask the Chancellor of the Exchequer, what her planned timetable is for ending the investment allowance within the Energy Profits Levy.

    Source: Commons

  2. 9 September 2024

    Answer

    Changes to the Energy Profits Levy (EPL), including increasing the levy by 3 per cent to 38 per cent and removing the levy’s 29% investment allowance, will be implemented from 1 November 2024. This was announced by the Chancellor on 29th July and the Gove...

    Source: Written answer

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