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Consultation outcome: Decommissioning relief deeds: increasing tax certainty for oil and gas investment in the UK Continental Shelf

Hm Treasury

April 4
08:43 2024

Decommissioning Relief Deeds: summary of responses

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Decommissioning Relief Deed

Guidance on applying for a Decommissioning Relief Deed

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Detail of outcome

Summary of responses to the consultation on Decommissioning Relief Deeds.

The Decommissioning Relief Deed provides certainty for oil and gas companies over the tax relief they will receive when decommissioning assets in the future.

The Finance Act 2019 makes provis

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