Estimated cost to the Exchequer of Decommissioning tax relief and refunds
Dear Department for Business, Energy and Industrial Strategy,
In August 2022, the North Sea Transition Authority published their latest UKCS Decommissioning cost estimate for 2022. It states that the total estimated cost of decommissioning UKCS upstream oil and gas infrastructure fell by £1.5bn (2%) to £44.5bn in 2021.
The cost estimate (https://www.nstauthority.co.uk/decommiss...) states that progress highlights to date include reduced "cost to the Exchequer of tax relief and
refunds."
Could you please provide the latest available estimate of the total cost to the Exchequer of UKCS decommissioning tax relief and refunds?
Yours faithfully,
Ryan Morrison
BEIS ref: FOI2022/33003
Dear Mr Morrison
Thank you for your request for information which was received on 29th
December. Your request has been passed on to the appropriate official at
the Department for Business, Energy and Industrial Strategy (BEIS) to
process.
Your request is being considered under the terms of the Freedom of
Information Act 2000 or the Environmental Information Regulations 2004 and
we will reply at the latest by 27th January.
If you have any queries about this email, please contact the Information
Rights & Records Unit at BEIS. Please remember to quote the reference
number above in any future communications.
Kind regards,
Information Rights & Records Unit
Information Rights & Records Unit | Department for Business, Energy and
Industrial Strategy | 1 Victoria Street, London, SW1H 0ET |
www.gov.uk/beis | [email address] |
Dear Ryan Morrison,
Please find attached our response to your information request, our reference FOI2022/33003.
If you have any queries about this email, please contact the Information Rights & Records Unit at BEIS.
Please remember to quote the reference number above in any future communication.
Yours sincerely,
Information Rights & Records Unit
Department for Business, Energy & Industrial Strategy
Upper Ground
1 Victoria Street
London
SW1H 0ET
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