Offshore Industry: Corporation Tax
Commons · Question 24835 · Tabled 20 Jan 2025 · Treasury · Official record
Answered 23 Jan 2025
Question
Asked by Grahame Morris
To ask the Chancellor of the Exchequer, if she will list the oil and gas fields that qualified for relief from corporation tax on decommissioning expenditure in the offshore oil and gas sector in each financial year between 2013-14 and 2024-25.
Answer
Answered by James Murray, 23 Jan 2025
It is a long-standing convention that the government does not discuss individual taxpayers, and so the government cannot discuss the tax history of individual oil and gas fields. Companies operating oil and gas fields in the UK and on the UK Continental S...