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United Kingdom · Question · Written question

UIN 98944

Offshore Fixed Structures: Decommissioning

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

5 October 2020

Last action

13 October 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

13 October 2020

Summary

To ask the Chancellor of the Exchequer, what rate of tax relief a company would receive against the cost of decommissioning redundant oil platforms in UK Territorial Waters.

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

Timeline

  1. 5 October 2020

    Written question

    To ask the Chancellor of the Exchequer, what rate of tax relief a company would receive against the cost of decommissioning redundant oil platforms in UK Territorial Waters.

    Source: Commons

  2. 13 October 2020

    Answer

    The rate of tax relief for the decommissioning of redundant oil platforms will depend on the particular circumstances of the company in question. If the company is within the UK’s oil & gas tax regime the rate of relief will be commensurate with the rates...

    Source: Written answer

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