Written Question·Treasury·UIN 24835
Offshore Industry: Corporation Tax
Tabled: 20 January 2025
Answered: 23 January 2025
Named DayQuestion
Grahame Morris
Labour — Easington
To ask the Chancellor of the Exchequer, if she will list the oil and gas fields that qualified for relief from corporation tax on decommissioning expenditure in the offshore oil and gas sector in each financial year between 2013-14 and 2024-25.
Answer
James MurrayIt is a long-standing convention that the government does not discuss individual taxpayers, and so the government cannot discuss the tax history of individual oil and gas fields. Companies operating oil and gas fields in the UK and on the UK Continental S...
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