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registered interest false remove filter
date less than 2018-12-04more like thismore than 2018-12-04
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Offshore Industry: Taxation more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what the net flow of revenue has been between the Treasury and North Sea oil and gas companies over the last three years. more like this
tabling member constituency Norwich South remove filter
tabling member printed
Clive Lewis remove filter
uin 198903 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-12-14more like thismore than 2018-12-14
answer text <p>Government tax revenues from North Sea Oil and Gas companies over the last three years are reproduced in the table below. More details can be found in Table 11.11 in the publication <em>“Statistics of Government revenues from UK Oil and Gas production</em>”. Total Government revenue, including oil licence fees, is published by the Oil and Gas Authority at “<em>Table: Government revenues from UK oil and gas production 1964/65-2017/18</em>”</p><p> </p><p> </p><table><tbody><tr><td><p> </p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td></tr><tr><td><p>Total tax revenues (£m)</p></td><td><p>-2</p></td><td><p>-350</p></td><td><p>1,188</p></td></tr><tr><td><p>Licence fees (£m)</p></td><td><p>71</p></td><td><p>65</p></td><td><p>62</p></td></tr><tr><td><p>Total Gov Revenue (£m)</p></td><td><p>69</p></td><td><p>-285</p></td><td><p>1,250</p></td></tr></tbody></table><p> </p><p> </p><p>Link to publications<strong>: <a href="https://www.gov.uk/government/statistics/government-revenues-from-uk-oil-and-gas-production--2" target="_blank">https://www.gov.uk/government/statistics/government-revenues-from-uk-oil-and-gas-production--2</a></strong></p><p><strong><a href="https://www.ogauthority.co.uk/media/5138/tax_table_nov_2018.pdf" target="_blank">https://www.ogauthority.co.uk/media/5138/tax_table_nov_2018.pdf</a></strong></p><p> </p>
answering member constituency Newark remove filter
answering member printed Robert Jenrick more like this
question first answered
remove filter
answering member
4320
label Biography information for Robert Jenrick more like this
tabling member
4500
label Biography information for Clive Lewis more like this