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United Kingdom · Question · Written question

UIN 92055

Energy: Taxation

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

21 November 2022

Last action

24 November 2022 · Answer

Status

Answered

Sponsors

Subjects

Energy, Taxation

Source updated

24 November 2022

Energy · Taxation

Summary

To ask the Chancellor of the Exchequer, whether he made an estimate of the predicted tax revenue from extending the Energy Generator levy to cover combined-cycle gas turbine generators before 17 November 2022.

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Timeline

  1. 21 November 2022

    Written question

    To ask the Chancellor of the Exchequer, whether he made an estimate of the predicted tax revenue from extending the Energy Generator levy to cover combined-cycle gas turbine generators before 17 November 2022.

    Source: Commons

  2. 24 November 2022

    Answer

    From January 2023, a 45 per cent tax will be levied on extraordinary returns being realised from non-gas electricity generators in the UK. The measure will raise around £14.2 billion over the scorecard and help fund support for households and businesses w...

    Source: Written answer

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