HC Deb 20 February 1978 vol 944 c522W
Mr. Rost

asked the Chancellor of the Exchequer what is the estimated yield of petroleum revenue tax in each of the next five years which would result if the British National Oil Corporation were not exempted; and what would be the yield when all the offshore fields in which it has participation have written off allowable capital expenditures.

Mr. Joel Barnett,

pursuant to his reply [Official Report, 17th February 1978] gave the following answer:

This information is not available.

Mr. Rost

asked the Chancellor of the Exchequer what is the estimated yield of petroleum revenue tax from the oil industry in each of the next five years; and what is the expected annual yield when all offshore fields now under development have written off allowable capital expenditure.

Mr. Joel Barnett,

pursuant to his reply [Official Report, 17th February 1978] gave the following answer:

I have nothing to add to the answer given to the hon. Member for Croydon Central (Mr. Moore) on 21st November 1977.—[Vol. 939, cc. 531–2.]