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United Kingdom · Question · Written question

UIN 900779

Offshore Industry: Taxation

answeredUnited Kingdom· UK Parliament· EN

Introduced

28 June 2022

Last action

28 June 2022 · Answer

Status

Answered

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Subjects

Taxation

Source updated

28 June 2022

Taxation

Summary

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential impact of the energy profits levy on investor confidence in the North Sea energy sector.

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

Timeline

  1. 28 June 2022

    Written question

    To ask the Chancellor of the Exchequer, if he will make an assessment of the potential impact of the energy profits levy on investor confidence in the North Sea energy sector.

    Source: Commons

  2. 28 June 2022

    Answer

    The Energy Profits Levy is a temporary measure, the revenues from which will help to provide vital support for households facing cost of living pressures.The government expects the combination of the Levy and its investment allowance to lead to an overall...

    Source: Written answer

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