United Kingdom · Question · Written question
UIN 96521
Energy: Taxation
Introduced
25 November 2022
Last action
30 November 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Energy, Taxation
Source updated
30 November 2022
Summary
To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 November 2023 to Question 92053, whether he has made an assessment of the potential impact of Investment Allowances on the Energy Profit Levy on tax revenue.
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Timeline
25 November 2022
Written question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 November 2023 to Question 92053, whether he has made an assessment of the potential impact of Investment Allowances on the Energy Profit Levy on tax revenue.
Source: Commons
30 November 2022
Answer
The Energy Profits Levy (EPL) was introduced in May in response to sharp increases in oil and gas prices over the past year. At the Autumn Statement 2022, the Chancellor announced that the rate of the levy would rise by ten percentage points to 35 per cen...
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/2022-11-25/96521
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1545587
- uk · wq-1545587 · source updated 30 November 2022