Energy: Taxation:Written question - 114507

Q
(Brighton, Pavilion)
Asked on: 17 November 2017
HM Treasury
Energy: Taxation
Commons
To ask Mr Chancellor of the Exchequer, if he will make a comparative assessment of the tax treatment of (a) Good Quality gas CHP, (b) shale gas, (c) North Sea Oil, (d) coal, (e) gas for heating and power production and (f) renewable energy; and if he will make a statement.
A
Answered by: Andrew Jones
Answered on: 23 November 2017

The government is committed to ensuring security of energy supply and affordability for consumers and businesses, while meeting legally-binding decarbonisation targets. This involves a diverse portfolio of power generation technologies, including renewables, nuclear, and fossil fuels.

HM Treasury and Her Majesty’s Revenue and Customs (HMRC) keep all aspects of the tax system under review, to ensure that it supports the government’s objectives.

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