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United Kingdom · Question · Written question

UIN 4758

Energy: Taxation

answeredUnited Kingdom· UK Parliament· EN

Introduced

9 September 2024

Last action

17 September 2024 · Answer

Status

Answered

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Subjects

Energy, Taxation

Source updated

17 September 2024

Energy · Taxation

Summary

To ask the Chancellor of the Exchequer, with reference to the report by Offshore Energies UK entitled Impact of UKCS fiscal policy on UK economic growth, published on 2 September 2024, if she will make an assessment of the potential impact of (a) increasi

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Timeline

  1. 9 September 2024

    Written question

    To ask the Chancellor of the Exchequer, with reference to the report by Offshore Energies UK entitled Impact of UKCS fiscal policy on UK economic growth, published on 2 September 2024, if she will make an assessment of the potential impact of (a) increasi

    Source: Commons

  2. 17 September 2024

    Answer

    In July, the government confirmed changes to the Energy Profits Levy (EPL), including extending the levy’s end date to March 2030, increasing it by three percentage points to 38%, removing the levy’s main 29% investment allowance, and reducing the generos...

    Source: Written answer

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