Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what representations he has made to the Chancellor of the Exchequer on implementing the Transferable Tax History mechanism in the 2018-19 financial year.
My rt. hon. Friend the Secretary of State and my rt. hon. Friend Mr Chancellor of the Exchequer regularly meet to discuss a range of issues, including the oil and gas industry. The Government will publish draft legislation on Transferable Tax History shortly.