HC Deb 03 May 1983 vol 42 c11W
Mr. John Smith

asked the Chancellor of the Exchequer if he will publish the total amount received by the Government from all taxes and royalties accruing from North sea oil and gas since May 1979.

Mr. Wakeham

[pursuant to the reply, 28 April 1983, c. 430]: The total tax take from the North sea—that is, royalties, petroleum revenue tax, supplementary petroleum duty and corporation tax attributable to North sea oil and gas production (before any ACT set-off)—was £20.5 billion from May 1979 up to the end of 1982–83.