Energy Profits Levy

Energy (Oil and Gas) Profits Levy Act 2022
Long titleAn Act to make provision for, and in connection with, imposing a charge on ring fence profits of companies.
Citation2022 c. 40
Introduced byChris Heaton-Harris MP, Parliamentary Secretary to the Treasury (Commons)
Baroness Penn, Parliamentary Secretary to the Treasury (Lords)
Dates
Royal assent14 July 2022
Status: Current legislation

The Energy Profits Levy (sometimes referred to as the Energy (Oil and Gas) Profits Levy) is a tax levied on profits made from oil and gas operations in the United Kingdom.