Energy: Taxation

(asked on 3rd February 2023) - View Source

Question to the HM Treasury:

To ask His Majesty's Government, further to the Energy (Oil and Gas) Profits Levy Act 2022, whether they will publish a list showing the total amount (1) collected, and (2) paid, by each company.


Answered by
Baroness Penn Portrait
Baroness Penn
Minister on Leave (Parliamentary Under Secretary of State)
This question was answered on 17th February 2023

The government does not comment on individual taxpayers. At the time of the Autumn Statement, the Office for Budget Responsibility estimated that total revenues from the Energy Profits Levy were expected to be £41.6bn over the following five years. HMRC routinely publishes outturn oil and gas receipts on GOV.UK.

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