Investment Policy Monitor
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
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Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
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- United Kingdom - Imposes new levy on companies generating electricity and increases the Energy Profits Levy to 35 per cent
United Kingdom
Imposes new levy on companies generating electricity and increases the Energy Profits Levy to 35 per cent
17 Nov 2022On 17 November 2022, the Government imposed new windfall taxes on companies of the energy industry. The Energy Profit Levy, which applies to the profits of oil and gas companies, was originally introduced in May 2022 at a rate of 25 per cent but is now being increased to 35 per cent. Also, it reduced the investment allowance from 80 per cent to 29 per cent. However, the investment allowance will remain at 80 per cent for investment expenditure in carbon emissions reducing technology.
Additionally, a new temporary 45 per cent levy was imposed on the extraordinary profits of companies that operate assets generating electricity (Electricity Generator Levy). These levies will apply from 1 January 2023 and will remain in place until the end of March 2028.
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Type:
- Treatment and operation (Corporate taxation)
- Promotion and facilitation (Investment incentives)
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Industry:
- Manufacturing (Manufacture of coke and refined petroleum products)
- Services (Electricity, gas, steam and air conditioning supply)
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Sources:
- www.gov.uk, Energy Taxes Factsheet, https://www.gov.uk/government/publications/autumn-statement-2022-energy-taxes-factsheet/energy-taxes-factsheet; https://www.gov.uk/government/publications/changes-to-the-energy-oil-and-gas-profits-levy; https://www.gov.uk/government/publications/electricity-generator-levy, 21 Nov 2022
- lexology.com, UK Government increases Energy Profit Levy and introduces Electricity Generator Levy, https://www.lexology.com/library/detail.aspx?g=b4004feb-db0f-4040-8619-c9d7cb2c9616&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2022-11-30&utm_term=, 25 Nov 2022
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
Share





Latest publications
