United Kingdom · Question · Written question
UIN 90840
Energy: Taxation
Original
Introduced
18 November 2022
Last action
28 November 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Energy, Taxation
Source updated
28 November 2022
Summary
To ask the Chancellor of the Exchequer, for what reason he decided not to introduce a higher windfall tax levy on oil and gas companies as part of the Autumn Statement 2022.
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Timeline
18 November 2022
Written question
To ask the Chancellor of the Exchequer, for what reason he decided not to introduce a higher windfall tax levy on oil and gas companies as part of the Autumn Statement 2022.
Source: Commons
28 November 2022
Answer
At Autumn Statement, the Chancellor announced that the rate of the Energy Profits Levy will increase by ten percentage points, taking it from 25% to 35%, effective from 1 January 2023. This is on top of the 40% tax rate under the permanent regime bringing...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-11-18/90840
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1543653
- uk · wq-1543653 · source updated 28 November 2022