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Petroleum Revenue Tax: cutting administration costs for the oil industry

This legislation simplifies the process for opting out of the Petroleum Revenue Tax (PRT) regime.

Last fetched 04 May 2026 · gov.uk

Documents

Petroleum Revenue Tax: cutting administration costs for the oil industry Draft clauseapplication/pdf Draft explanatory notesapplication/pdf

At a glance

TypePolicy paper

First published23 Nov 2016

Last updated23 Nov 2016

Organisations

HM Revenue & Customs

Topics

Corporation TaxOil and gas finance and taxation

Source

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