by westoncompliance | May 30, 2025 | Finance, HM Treasury, Tax, UK
The HM Treasury held a consultation to help develop a predictable fiscal response to future oil and gas price shocks.DESNZ had launched a separate consultation, ‘Building the North Sea’s Energy Future’, which sets out the framework for the future of energy in the...
by westoncompliance | Mar 14, 2025 | Fees, Finance, HM Treasury, UK
The HM Treasury has opened a consultation to help develop a predictable fiscal response to future oil and gas price shocks.The Department for Energy Security and Net Zero (DESNZ) has launched a separate consultation, ‘Building the North Sea’s Energy Future’,...
by westoncompliance | Nov 19, 2024 | HM Treasury, Tax, UK
The Treasury made these regulations in exercise of the powers conferred by section 17B(3) of the Energy (Oil and Gas) Profits Levy Act 2022.These regulations specify how the average price of oil and the average price of gas over a reference period are to be calculated...
by westoncompliance | Oct 31, 2024 | Carbon accounting, Consultation, HM Treasury, UK
The HM Treasury and HM Revenue & Customs have provided feedback on the consultation, which ran from 21 March 2024 to 13 June 2024.The consultation set out proposals for the design and administration of the UK carbon border adjustment mechanism (CBAM). A full...
by westoncompliance | Mar 26, 2024 | CO2, Consultation, Emissions, HM Treasury, Hydrogen, Net Zero, Renewables, UK, UK ETS
The HM Treasury (HMT) and HM Revenue & Customs (HMRC) have published this consultation seeking viewing on proposals for the design and administration of the UK carbon border adjustment mechanism (CBAM) from 1 January 2027. This consultation closes at 11:59pm on 13...
by westoncompliance | Jun 30, 2022 | BEIS, HM Treasury, OEUK, UK
Energy (Oil and Gas) Profits Levy Bill will be introduced on 11th July. A “Ways and Means” Motion relating to the Energy (Oil and Gas) Profits Levy has been tabled for Tuesday 5th July – this gives permission to introduce a new piece of taxation legislation. The...
by westoncompliance | Oct 20, 2021 | BEIS, CO2, Consultation, Emissions, Environment, Greenhouse Gases, HM Treasury, Net Zero, Policy, UK
Between December 2020 and February 2021 the Department for Business, Energy and Industrial Strategy (BEIS) and HM Treasury sought evidence on Greenhouse Gas Removal (GGR) methods and views on policy mechanisms that could incentivise and facilitate their development...
by westoncompliance | Dec 14, 2020 | BEIS, Consultation, Decommissioning, HM Treasury, Maximising Economic Recovery (MER), NSTA Strategy, Policy, UK
Between March and May 2019 BEIS and HM Treasury ran a consultation to identify what more should be done to further strengthen Scotland and the UK’s position as a global hub for decommissioning. The call for evidence focused on 2 central themes: – building...
by westoncompliance | Dec 4, 2020 | BEIS, CO2, Consultation, Emissions, Environment, Greenhouse Gases, HM Treasury, Policy, UK
BEIS and HM Treasury are seeking evidence on Greenhouse Gas Removal (GGR) methods, and views on policy mechanisms that could incentivise and facilitate their development and deployment. The consultation closes at 11.45pm on 26 February 2021. Read more… Source:...
by westoncompliance | Aug 4, 2020 | Climate Change, CO2, Consultation, Environment, HM Treasury, UK
HM Treasury and the Department for Business, Energy and Industrial Strategy (BEIS) held a consultation to seek views on a proposed extension to the climate change agreements (CCA) scheme, and on potential reforms where there to be a future CCA scheme. The consultation...
by westoncompliance | Oct 29, 2019 | Consultation, Finance, HM Treasury, NSTA, Permits and Licences, UK
The Oil and Gas Authority (OGA) seeks views from the UK oil and gas industry on proposals to amend some of its existing fees and introduce new fees for some of its services. A four-week consultation will open on 28 October 2019, to gather feedback and insights from...
by westoncompliance | Feb 21, 2017 | HM Treasury, UK
SSI 2017/36 The Crown Estate Scotland (Interim Management) Order 2017 (link)This Order establishes Crown Estate Scotland (Interim Management) (“CES(IM)”). It is intended that CES(IM) is to be the person nominated by the Scottish Ministers for the purposes...
