Changes to the frequency of oil and gas official statistics
Updated 31 October 2018
© Crown copyright 2018
This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk.
Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned.
This publication is available at https://www.gov.uk/government/consultations/changes-to-the-frequency-of-oil-and-gas-official-statistics/changes-to-the-frequency-of-oil-and-gas-official-statistics
We are seeking views on proposed changes to the frequency of HMRC’s official statistics of revenues from oil and gas production and analysis of Petroleum Revenue Tax (PRT) assessment data.
In summary, the proposals are to reduce the frequency of publishing Tables 11.12 and 11.13 from twice a year (January and June) to once a year, each summer.
Currently an update is made to the oil and gas statistics in June consisting of:
- changes to Table 11.11 (revision to earlier years figures and the inclusion of an additional years data)
- new data (relating to the most recent half year period) added to Table 11.12 and 11.13
The proposal is that an annual update to Table 11.12 and 11.13 will provide data for two half year periods in addition to the changes to Table 11.11.
This would mean no longer publishing the analysis of PRT assessment every six months. There are no proposed changes to the level of granularity provided in Table 11.12 and 11.13 or showing this detail by chargeable period.
While it is proposed that the frequency of PRT liability statistics is reduced from bi-annual to annual, PRT receipts statistics will remain available monthly from GOV.UK.
To help us to identify users, level of usage and alternative options, please send your comments either by email or by post to:
KAI Direct Business Taxes
HM Revenue & Customs
100 Parliament Street
London
SW1A 2BQ
Please include an indication of the impact level (including nil, minimal and high) that the changes might have. Please also include the purpose that the statistics are used for.
The outcome of the consultation will be published on or before 31 October 2018.