Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many people received an exemption from the petroleum revenue tax for exploration and appraisal expenditure in (a) 2015-16 and (b) 2016-17.
Only companies are able to claim petroleum revenue tax relief for exploration and appraisal expenditure. Fewer than ten companies claimed the relief in each of 2015-16 and 2016-17.
Only companies are able to claim cross field allowance for petroleum revenue tax relief. Fewer than ten companies claimed the relief in each of 2015-16 and 2016-17.
Only companies are able to claim Petroleum Revenue Tax relief for research expenditure. Fewer than ten companies claimed the relief in each of 2015-16 and 2016-17.
Only companies are able to claim Petroleum Revenue Tax relief for unrelieved field losses. Fewer than ten companies claimed the relief in each of 2015-16 and 2016-17.