United Kingdom · Question · Written question
UIN 40578
Offshore Industry: Taxation
Introduced
18 August 2021
Last action
6 September 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Taxation
Source updated
6 September 2021
Summary
To ask the Chancellor of the Exchequer, what plans he has to remove incentives for oil and gas extraction from the tax system; and if he will make a statement.
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Timeline
18 August 2021
Written question
To ask the Chancellor of the Exchequer, what plans he has to remove incentives for oil and gas extraction from the tax system; and if he will make a statement.
Source: Commons
6 September 2021
Answer
Our domestic oil and gas industry produces the equivalent of around half of the UK’s primary energy needs and will continue to play an important role as we transition to a net zero economy. The industry has paid around £375bn in production taxes to date a...
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/2021-08-18/40578
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1351377
- uk · wq-1351377 · source updated 6 September 2021