Offshore Industry: Taxation

(asked on 9th September 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what the forecast cost is of tax relief arising from Decommissioning Relief Deeds provided to companies operating in the UK and UK Continental Shelf in each year from 2014-15 to 2017-18.


Answered by
Priti Patel Portrait
Priti Patel
This question was answered on 12th September 2014

As set out in the Government’s Written Ministerial Statement on Decommissioning Relief Deeds of 21st July 2014, the Government has not made any changes to the tax regime that would generate a liability to be paid under any decommissioning relief agreements.

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