United Kingdom · Question · Written question
UIN 45061
Energy: Taxation
Introduced
2 September 2022
Last action
20 September 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Energy, Taxation
Source updated
20 September 2022
Summary
To ask the Chancellor of the Exchequer, if he will make it his policy to backdate the Energy Profits Levy for oil and gas producers to 2021.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
2 September 2022
Written question
To ask the Chancellor of the Exchequer, if he will make it his policy to backdate the Energy Profits Levy for oil and gas producers to 2021.
Source: Commons
20 September 2022
Answer
The Energy Profits Levy (EPL) was introduced from 26 May 2022 and is expected to raise around £5 billion in its first year. The legislation also includes a sunset clause, effective at the end of December 2025. In future years, if oil and gas prices return...
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/2022-09-02/45061
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1503402
- uk · wq-1503402 · source updated 20 September 2022