§ 1979 and 1984. Mr. David Atkinson
asked the Chancellor of the Exchequer how much revenue has been received through taxation from North sea oil between (a) 1974 and 1979 and (b)
§ Mr. Moore
Total tax take from the North Sea—that is royalties, petroleum revenue tax (including advance payments), supplementary petroleum duty and ring fence corporation tax (before ACT set-off)—was £930 million in the period between January 1974 and April 1979. From May 1979 to October 1984, the total tax take was £35.1 billion.