RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2014-07-01 18:20:00

UK OIL & GAS TAX

UK OIL & GAS TAX

Government revenue from oil and gas has fallen to its lowest level in 10 years, according to figures released on Monday by HM Revenue & Customs.

UK tax receipts came in at £4.7bn for 2013-2014, which is the lowest since 2003-2004 when the government raised £4.2bn. Revenue has fallen 24 per cent compared with the previous tax year, following a 44 per cent fall in 2012-2013.

Taking into account inflation, the latest figures are even lower than 10 years ago – the amount raised in 2003-2004 would be £5.6bn at today's prices.

As a result of a squeeze…

Log in to read the publication.

An authorized user gets access to four FREE publications per month.

You can also buy a full access to all publications of the site since January 2014.

Get full access:
Tags: UK, OIL, GAS
Chronicle:
UK OIL GAS TAX
2020, July, 14, 13:03:00
OIL and GAS RUSSIA and CIS ONLINE
Online Business Forum, Onsite Visits and 1-2-1 Meetings "Oil and Gas Russia and CIS Online" will be held on 15-17 July 2020
UK OIL GAS TAX
2020, July, 14, 13:02:00
Real Estate Finance, Investment Analysis, Valuation & Modelling
Real estate construction or investment requires a high level of technical expertise in building and using financial models if the building is to be profitable for its builder or owner.
UK OIL GAS TAX
2020, July, 14, 13:00:00
CHINA'S OIL IMPORTS UP
China Jan-June crude oil imports up 9.9%
UK OIL GAS TAX
2020, July, 14, 12:55:00
CHINA'S NUCLEAR WILL UP
After an 18% growth in 2018, the installed nuclear power capacity in China increased by 9% in 2019
UK OIL GAS TAX
2020, July, 14, 12:50:00
IRAQ PROMISES TO COMPLY
Iraq affirmed its commitment to the OPEC+ cuts in a call with Saudi energy minister Prince Abdulaziz bin Salman, the two ministers said in a joint statement.
UK OIL GAS TAX
2020, July, 14, 12:45:00
EUROPE'S GAS DEMAND DOWN
Gas consumption in Q1 fell by more than 20% year on year in a number of EU countries, including Romania, Latvia, Finland and Slovakia.
UK OIL GAS TAX
2020, July, 14, 12:40:00
EUROPE'S GAS TO UKRAINE UP
Ukraine's total gas import capacity has expanded to 170 million cu m/d in 2020, up from the maximum capacity of 66 million cu m/d in 2019,
All Publications »