Written Question·Scotland Office·UIN 12942
Energy: Taxation
Tabled: 6 November 2024
Answered: 14 November 2024
Question
Andrew Bowie
Conservative — West Aberdeenshire and Kincardine
To ask the Secretary of State for Scotland, what assessment he has made of the potential impact of (a) increases to the Energy Profits Levy and (b) the abolition of the investment allowance on north east Scotland.
Answer
Ian MurrayThe UK Government recognises that oil and gas will continue to have a role in the UK’s energy mix for decades to come and is committed to managing the energy transition in a way that supports jobs in existing and future industries. But we require the sect...
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