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Energy Profits Levy and Security Investment

The Energy Profits Levy, administered by HM Revenue & Customs, is a temporary tax on extraordinary profits from oil and gas companies, designed to fund energy security investments and support households with energy costs. The levy remains active with ongoing reforms and sector-specific discussions, particularly regarding impacts on North Sea operators and Scottish energy production.

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22 Nov 2023 | Consultation outcome HM Revenue & Customs Context · primary home: Electricity Generator Levy Bi… linked

Energy Profits Levy and the Energy Security Investment Mechanism: discussion note — outcome published

A discussion note to seek views on the technical details and practical application of the Energy Profits Levy’s (EPL) Energy Security Investment Mechanism (ESIM).

▤ View document · ↗ GOV.UK · ↓ Discussion note: Energy Profits Levy - Energy S…
+1 more
↓ Energy Profits Levy and the Energy Security Investment Mech…
1 Sep 2023 | Consultation outcome HM Revenue & Customs Context · primary home: Electricity Generator Levy Bi… linked

Energy Profits Levy and the Energy Security Investment Mechanism: discussion note — consultation closed

A discussion note to seek views on the technical details and practical application of the Energy Profits Levy’s (EPL) Energy Security Investment Mechanism (ESIM).

▤ View document · ↗ GOV.UK · ↓ Discussion note: Energy Profits Levy - Energy S…
+1 more
↓ Energy Profits Levy and the Energy Security Investment Mech…
18 Jul 2023 | Consultation outcome HM Revenue & Customs Context · primary home: Electricity Generator Levy Bi… linked

Energy Profits Levy and the Energy Security Investment Mechanism: discussion note — consultation opened

A discussion note to seek views on the technical details and practical application of the Energy Profits Levy’s (EPL) Energy Security Investment Mechanism (ESIM).

▤ View document · ↗ GOV.UK · ↓ Discussion note: Energy Profits Levy - Energy S…
+1 more
↓ Energy Profits Levy and the Energy Security Investment Mech…