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Written question asked by Alex Salmond (Scottish National Party) on Wednesday, 7 December 2005, in the House of Commons. It was due for an answer on Monday, 12 December 2005. It was answered by John Healey (Labour) on Monday, 12 December 2005 on behalf of the Treasury.


Oil Tax

Question
To ask the Chancellor of the Exchequer what assessment he has made of the impact on (a) jobs and (b) investment in the oil industry in the North Sea of the proposed increase in supplementary oil levy.
Answer

The changes announced in the pre-Budget report were subject to detailed analysis to ensure that they delivered the Government's objectives of striking the right balance between oil producers and consumers, by promoting investment and ensuring fairness for taxpayers.


Secondary information

Type
Written question
Reference
36861; 440 c1789W;440 c1789W
Session
2005-06
Subjects
Oil Production Taxation
Link
View this Written question on www.publications.parliament.uk