HM Treasury\u2019s 2018-19 accounts recognise a provision of £357m payable to MCX Dunlin and MCX Osprey in respect of decommissioning expenditure in relation to the Dunlin cluster of fields, created as a result of Fairfield Energy defaulting on their decommissioning obligations. The decision to decommission the Dunlin cluster was a commercial decision made by Fairfield Energy, MCX Dunlin and MCX Osprey after reaching agreement with the Oil and Gas Authority that maximised economic recovery had been achieved for these assets.<\/p>
<\/p>
The provision is based on the tax relief due on the estimated remaining costs of decommissioning the defaulted fields, discounted for the time value of money.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"} } , "answeringMemberConstituency" : {"_value" : "Newark"} , "answeringMemberPrinted" : {"_value" : "Robert Jenrick"} , "dateOfAnswer" : {"_value" : "2019-07-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-07-08T16:45:50.747Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2019-07-02", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Offshore Industry: Taxation"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, with reference to the Written Statement of 21 March 2019 on Decommissioning Relief Deeds, HCWS1435, what the name is of the oil company that defaulted on its decommissioning obligations causing the Government to make two payments totaling £45.4 million in 2017-18; what the circumstances were of that default; and if he will place in the Library a copy of the evidential basis for calculating the provision of £357.1 million for future defaults.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4500", "label" : {"_value" : "Biography information for Clive Lewis"} } , "tablingMemberConstituency" : {"_value" : "Norwich South"} , "tablingMemberPrinted" : [{"_value" : "Clive Lewis"} ], "uin" : "272255"} , {"_about" : "http://data.parliament.uk/resources/1136385", "AnsweringBody" : [{"_value" : "Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1136385/answer", "answerText" : {"_value" : "
Total tax receipts from aviation gasoline, aviation turbine fuel, unleaded petrol and diesel are shown in the table below:<\/p>
<\/p>
<\/p>
<\/p>
<\/p>
<\/p>
<\/p>
Year<\/strong><\/p><\/td> Aviation gasoline (£m)<\/strong><\/p><\/td> Aviation turbine fuel (£m)<\/strong><\/p><\/td> Unleaded petrol (£m)<\/strong><\/p><\/td> Diesel (£m)<\/strong><\/p><\/td><\/tr> 2010/11<\/p><\/td> 9.3<\/p><\/td> 0.1<\/p><\/td> 11,465<\/p><\/td> 14,826<\/p><\/td><\/tr> 2011/12<\/p><\/td> 9.4<\/p><\/td> 0.1<\/p><\/td> 10,862<\/p><\/td> 14,944<\/p><\/td><\/tr> 2012/13<\/p><\/td> 7.6<\/p><\/td> 0.1<\/p><\/td> 10,247<\/p><\/td> 15,247<\/p><\/td><\/tr> 2013/14<\/p><\/td> 7.7<\/p><\/td> 0.1<\/p><\/td> 9,959<\/p><\/td> 15,822<\/p><\/td><\/tr> 2014/15<\/p><\/td> 7.8<\/p><\/td> 0.2<\/p><\/td> 9,706<\/p><\/td> 16,341<\/p><\/td><\/tr> 2015/16<\/p><\/td> 7.7<\/p><\/td> 0.2<\/p><\/td> 9,562<\/p><\/td> 16,965<\/p><\/td><\/tr> 2016/17<\/p><\/td> 8.0<\/p><\/td> 0.2<\/p><\/td> 9,420<\/p><\/td> 17,448<\/p><\/td><\/tr> 2017/18<\/p><\/td> 7.8<\/p><\/td> 0.2<\/p><\/td> 9,192<\/p><\/td> 17,621<\/p><\/td><\/tr> 2018/19 (provisional)<\/p><\/td> 7.8<\/p><\/td> 0.2<\/p><\/td> 9,280<\/p><\/td> 17,657<\/p><\/td><\/tr><\/tbody><\/table>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"}
}
, "answeringMemberConstituency" : {"_value" : "Newark"}
, "answeringMemberPrinted" : {"_value" : "Robert Jenrick"}
, "dateOfAnswer" : {"_value" : "2019-07-08", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2019-07-08T10:27:37.157Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2019-07-02", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Fuels: Excise Duties"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, what the tax duty revenue was from (a) aviation gasoline, (b) aviation turbine fuel, (c) unleaded petrol and (d) diesel in each year since 2010.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4470", "label" : {"_value" : "Biography information for Alan Brown"}
}
, "tablingMemberConstituency" : {"_value" : "Kilmarnock and Loudoun"}
, "tablingMemberPrinted" : [{"_value" : "Alan Brown"}
], "uin" : "272300"}
, {"_about" : "http://data.parliament.uk/resources/1136393", "AnsweringBody" : [{"_value" : "Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1136393/answer", "answerText" : {"_value" : " Public Health England were asked to conduct an evidence review of the health aspects of gambling-related harm to inform action on prevention and treatment and are due to report back in Spring 2020.<\/p> <\/p> The Government will shortly publish the report into the public health effects of the two gambling duty provisions as required by Finance Act 2019.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4320", "label" : {"_value" : "Biography information for Robert Jenrick"}
}
, "answeringMemberConstituency" : {"_value" : "Newark"}
, "answeringMemberPrinted" : {"_value" : "Robert Jenrick"}
, "dateOfAnswer" : {"_value" : "2019-07-08", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2019-07-08T10:30:12.733Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "Treasury"}
, "date" : {"_value" : "2019-07-02", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Gaming Machines"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Chancellor of the Exchequer, with reference to the Finance Bill, what steps his Department is taking to require a review of the public health effects of fixed odds betting terminals.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4465", "label" : {"_value" : "Biography information for Ronnie Cowan"}
}
, "tablingMemberConstituency" : {"_value" : "Inverclyde"}
, "tablingMemberPrinted" : [{"_value" : "Ronnie Cowan"}
], "uin" : "272307"}
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}
|