Written Question·Treasury·UIN 1539

Energy: Taxation

Tabled: 24 July 2024

Answered: 1 August 2024

Question

Andrew Bowie

Conservative — West Aberdeenshire and Kincardine

To ask the Chancellor of the Exchequer, what assessment she has made of the potential economic impact of the Energy Profits Levy on the North East of Scotland.

Answer

James Murray

The Office for Budget Responsibility’s (OBR) most recent forecast of tax revenues from the oil and gas sector was published at Spring Budget 2024 in the Economic and Fiscal Outlook (EFO) March 2024. It can be found at: https://obr.uk/docs/dlm_uploads/E030...

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