HC Deb 04 March 1985 vol 74 c423W
Dr. McDonald

asked the Chancellor of the Exchequer if he will publish in the Official Report the total North sea

£ million
Royalties Supplementary petroleum duty Petroleum revenue tax (including advance payments) Corporation tax Total North sea tax take
1979–80 628 1,436 270 2,334
1980–81 992 2,410 480 3,882
1981–82 1,396 2,025 2,390 650 6,461
1982–83 1,632 2,395 3,274 460 7,761
1983–84 1,904 1 6,016 900 8,821

The corporation tax figures are the estimated proportion of the tax payable which can be attributed to United Kingdom and UKCS oil and gas, before setting off any advance corporation tax.

The 1984 Autumn Statement contained a forecast of £12 billion for total North sea tax take in 1984–85. Updated estimates, together with a breakdown into the individual taxes, will be published on Budget day.