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178825
star this property registered interest false more like this
star this property date less than 2015-02-10more like thismore than 2015-02-10
star this property answering body
HM Treasury more like this
star this property answering dept id 14 remove filter
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Offshore Industry: Taxation more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 9 February 2015 to Question 221932, what estimate he has made of the effect of the reduction in the rate of Supplementary Charge on levels of (a) employment, (b) exploration activity, (c) infrastructure maintenance and (d) decommissioning in the offshore oil and gas industry to date. more like this
star this property tabling member constituency Stockton North remove filter
star this property tabling member printed
Alex Cunningham more like this
star this property uin 224042 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2015-02-25more like thismore than 2015-02-25
unstar this property answer text <p>The government recognises the importance of the UK oil and gas industry and its contribution to energy security and the UK economy. We are committed to the future of the industry and creating the right conditions to maximise economic recovery.</p><p> </p><p> </p><p>At Autumn Statement, the government published a radical plan for the future of the oil and gas fiscal regime and set out a package of measures, including the reduction in the rate of the Supplementary Charge, to tackle the fiscal challenges and ensure the UKCS continues to attract investment, simplify the current system, and remove barriers at all stages of the production life cycle. The package is expected to drive around £7bn of additional investment and 350m barrels of oil equivalent production.</p><p> </p> more like this
star this property answering member constituency Witham more like this
star this property answering member printed Priti Patel more like this
star this property question first answered
less than 2015-02-25T16:59:13.963Zmore like thismore than 2015-02-25T16:59:13.963Z
unstar this property answering member
4066
star this property label Biography information for Priti Patel more like this
star this property tabling member
4122
unstar this property label Biography information for Alex Cunningham more like this