Policy paper

Corporation tax: oil and gas taxation and the reduction in supplementary charge

This Tax Information and Impact Note is about oil and gas taxation and the reduction in supplementary charge.

Documents

Corporation tax: oil and gas taxation and the reduction in supplementary charge

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Details

This measure will decrease the rate of supplementary charge payable in respect of profits from oil and gas production in the UK and UK continental shelf from 32% to 30%.

Published 10 December 2014