Written Question·Treasury·UIN 8661

Carbon Capture, Usage and Storage: Finance

Tabled: 11 October 2024
Answered: 21 October 2024

Question

Clive Lewis

LabourNorwich South

To ask the Chancellor of the Exchequer, pursuant to the Answer of 10 October 2024 to Question 7485 on Carbon Capture, Usage and Storage: Taxation, if she will hold discussion with carbon capture, usage and storage organisations in receipt of Government fu

Answer

James Murray
All the current applicants for government support in Track 1 of the Carbon Capture, Usage and Storage programme are registered in England and Wales. Companies pay Corporation Tax in the UK on their profits derived from economic activities they undertake t...

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 8661) →