Written Question·Treasury·UIN 1979
North Sea Oil: Taxation
Tabled: 26 July 2024
Answered: 5 August 2024
Question
Stephen Flynn
Scottish National Party — Aberdeen South
To ask the Chancellor of the Exchequer, what assessment her Department (a) has made and (b) plans to make of the potential impact of (i) increasing and (ii) extending the windfall tax on oil producers on businesses in the North East of Scotland; and what
Answer
James MurrayThe government is committed to maintaining a constructive dialogue with the oil and gas sector on the implementation of the changes to the Energy Profits Levy. We will continue to engage with the sector ahead of publishing further details of final policy ...
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