questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the Energy Profits Levy remaining in place until 2030 on trends in the levels of employment in (a) operators and (b) supply chain companies in the North Sea oil and gas sector in each year inclusive between 2026 and 2030.
answerText: The Energy Profits Levy (EPL) was introduced in 2022 by the previous government. The government considered the impact of the extension to the EPL until 31 March 2030, announced at Autumn Budget 2024, on the economy, including investment. The summary of im...
heading: Energy: Taxation