Written Question·Treasury·UIN 8661
Carbon Capture, Usage and Storage: Finance
Tabled: 11 October 2024
Answered: 21 October 2024
Question
Clive Lewis
Labour — Norwich 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 MurrayAll 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...
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