§ 1979 and 1984. Mr. David Atkinsonasked 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. MooreTotal 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.