United Kingdom · Question · Written question
UIN 95822
Renewable Energy: Seas and Oceans
Introduced
24 November 2022
Last action
1 December 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Energy
Source updated
1 December 2022
Summary
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential impact of changes to taxation for renewable energy companies on investment in the offshore renewable energy sector.
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Timeline
24 November 2022
Written question
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential impact of changes to taxation for renewable energy companies on investment in the offshore renewable energy sector.
Source: Commons
1 December 2022
Answer
From January 2023, a temporary new 45 per cent tax will be levied on extraordinary returns being realised from non-carbon electricity generators. It will raise around £14.2 billion over the scorecard, helping to fund support for households and businesses ...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-11-24/95822
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1545268
- uk · wq-1545268 · source updated 1 December 2022