Petroleum Revenue Tax: Tax Allowances
(asked on 17th February 2017) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many (a) people and (b) businesses have received Petroleum Revenue Tax relief for unrelieved field loss in (i) 2013-14 and (ii) 2014-15.
This question was answered on 27th February 2017
Only companies are able to claim Petroleum Revenue Tax relief for unrelieved field losses. Fewer than ten companies claimed the relief in each of 2013-14 and 2014-15.