Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate his Department has made of the cost to the public purse of the Energy Profits Levy investment allowance relief in the 2022-23 financial year.

Estimates of the cost of tax reliefs used by oil and gas companies under the Ring Fence tax regime are published at https://www.gov.uk/government/collections/tax-relief-statistics.