To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of the energy profits levy on government revenue.
The Office for Budget Responsibility’s (OBR) forecast at Spring Statement 2025 estimated that revenues from the Energy Profits Levy (EPL) will be £10.8 billion between 2025-26 and 2029-30. This is in addition to more than £10 billion in tax revenues alrea...
Energy: Taxation