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United Kingdom · Question · Written question

UIN 59908

Taxation: Fracking

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 October 2021

Last action

28 October 2021 · Answer

Status

Answered

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Subjects

Taxation

Source updated

28 October 2021

Taxation

Summary

To ask the Chancellor of the Exchequer, if he will make it his policy to review all tax policy to ensure it does not incentivise oil and gas extraction.

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Timeline

  1. 20 October 2021

    Written question

    To ask the Chancellor of the Exchequer, if he will make it his policy to review all tax policy to ensure it does not incentivise oil and gas extraction.

    Source: Commons

  2. 28 October 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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