Petroleum Revenue Tax forms

Find forms for Petroleum Revenue Tax including returns, transfer an oil field, claim an expenditure, loss, repayment or allowance and declare returns and claims.

Petroleum Revenue Tax (PRT) was introduced by the Oil Taxation Act 1975 and is a tax on the profits from oil and gas production in the UK or on the UK Continental Shelf.

PRT was abolished on 16 March 1993 for all fields that were given development consent on or after that date.

PRT remains in force for fields given consent before 16 March 1993.

Petroleum Revenue Tax returns

Transfer an oil field

Claim expenditure for PRT

Claim a loss, repayment or allowance for PRT

Declare returns for PRT

Declare claims for PRT

Published 30 November 2014