The Energy (Oil and Gas) Profits Levy (Energy Security Investment Mechanism) Regulations SI 2024/1175 set out how the average price of oil and gas over a reference period will be calculated for the purposes of the energy security investment mechanism which if activated will bring the energy profits levy to an end. The mechanism is triggered where average prices fall below a threshold level for a consistent period.
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The Energy (Oil and Gas) Profits Levy (Energy Security Investment Mechanism) Regulations SI 2024/1175 set out how the average price of oil and gas over a reference period will be calculated for the purposes of the energy security investment mechanism which if activated will bring the energy profits levy to an end. The mechanism is triggered where average prices fall below a threshold level for a consistent period.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
