United Kingdom · Question · Written question
UIN 9927
Offshore Industry: Tax Allowances
Introduced
26 May 2022
Last action
10 June 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
10 June 2022
Summary
To ask the Chancellor of the Exchequer, if he will ringfence the tax relief to oil and gas companies for use for developing sustainable alternatives to hydrocarbon fuels.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
26 May 2022
Written question
To ask the Chancellor of the Exchequer, if he will ringfence the tax relief to oil and gas companies for use for developing sustainable alternatives to hydrocarbon fuels.
Source: Commons
10 June 2022
Answer
Tax relief for companies undertaking oil and gas exploration and production in the UK and on the UK Continental Shelf is only available in relation to expenditure incurred for activity that is charged under the oil and gas ring fence corporation tax regim...
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/2022-05-26/9927
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1466470
- uk · wq-1466470 · source updated 10 June 2022