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1713231

registered interest
date	23/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Offshore Industry: Taxation
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent estimate he has made of the revenue that will be raised by the Energy Profits Levy by March 2029.
tabling member constituency	North Devon
tabling member printed	Selaine Saxby
uin	23331
answer	answer is ministerial correction date of answer 30/04/2024 answer text Forecasts for government revenues from oil and gas production, including for Energy Profits Levy, are provided by the Office for Budget Responsibility (OBR). Their most recent published forecast, provided for Spring Budget 2024 on 6 March, is available on the OBR website at the following link <a href="https://obr.uk/efo/economic-and-fiscal-outlook-march-2024/" target="_blank">https://obr.uk/efo/economic-and-fiscal-outlook-march-2024/</a>.<p> </p><p> </p> answering member constituency Grantham and Stamford answering member printed Gareth Davies question first answered 30/04/2024 09:41:09 answering member 4850 label Biography information for Gareth Davies
tabling member	4863 label Biography information for Selaine Saxby

1712895

registered interest
date	22/04/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Hybrid Vehicles: Fuels
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he has plans to introduce a specific advisory fuel rate for hybrid vehicles.
tabling member constituency	Warrington South
tabling member printed	Andy Carter
uin	23054
answer	answer is ministerial correction date of answer 30/04/2024 answer text <p>Advisory Fuel Rates apply when an employer reimburses an employee for business travel in a company car, or when an employee reimburses an employer for the cost of fuel used for private travel. Rates vary by engine size and fuel type and are reviewed quarterly. There are no current plans to introduce a specific advisory rate for hybrid vehicles.</p><p> </p><p>The Advisory Fuel Rates are not mandatory. Employers and employees can instead agree to reimburse different amounts, subject to certain tax conditions.</p> answering member constituency Grantham and Stamford answering member printed Gareth Davies question first answered 30/04/2024 08:28:44 answering member 4850 label Biography information for Gareth Davies
tabling member	4791 label Biography information for Andy Carter