questionText: To ask the Chancellor of the Exchequer, whether (a) Equinor and (b) Ithaca have received (i) investment tax credit and (ii) ringfence expenditure supplement in connection to Rosebank oil field development in the period leading up to January 2025.
answerText: It is a long-standing convention that the government does not discuss individual taxpayers, and so the government cannot discuss the amount of tax relief available to individual companies in relation to the oil and gas fields they may have a commercial in...
heading: North Sea Oil: Tax Allowances