questionText: To ask the Chancellor of the Exchequer, what estimate he has made of the future revenue to the Exchequer from the lease of the seabed by the Crown Estate for offshore wind farms.
answerText: The Crown Estate returns its Annual Net Revenue Profit to the Exchequer for the benefit of the nation’s finances. The Crown Estate’s Net Revenue Profit for 2022-23 was £442.6 million (as noted on page 116 of its 2022-2023 annual report).Like any commercia...
heading: Seas and Oceans: Taxation