Written Statement·Commons·Treasury·HCWS872
Oil and Gas Decommissioning Relief Deeds
23 March 2021
Mrs Kemi Badenoch
The Exchequer Secretary to the Treasury
Conservative
Statement
At Budget 2013, the government announced it would begin signing decommissioning relief deeds. These deeds represented a new contractual approach to provide oil and gas companies with certainty on the level of tax relief they will receive on future decommi...