Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of raising funds through a windfall tax on oil and gas companies for allocation to (a) kidney patients receiving dialysis treatment at home and (b) other patients using large volumes of electricity in their homes for medical treatment.

The NHS is the Government's key spending priority and that is why it has committed to a historic settlement that provides a cash increase of £33.9 billion a year by 2023-24. This takes the NHS budget from £114.6 billion in 2018-19 to over £160 billion in 2024-25. These investments will allow the NHS to continue providing the services people need.

The Government is also providing significant financial support – up to £350 – to the majority of households, which will cover more than half of the forecast £700 rise in energy bills for the average household. This support is worth £9.1bn in 2022-23.

The UK Government places additional taxes on the extraction of oil and gas, with companies engaged in the production of oil and gas on the UK Continental Shelf subject to headline tax rates on their profits that are currently more than double those paid by other businesses. To date, the sector has paid more than £375 billion in production taxes.

All taxes are kept under review and any changes are considered and announced by the Chancellor.