Collection

Petroleum Revenue Tax forms

Find forms for Petroleum Revenue Tax including returns, transfer an oil field, claim an expenditure, loss, repayment or allowance and declare returns and claims.

• From: HM Revenue & Customs
• Published: 30 November 2014

Petroleum Revenue Tax (PRT) was introduced by the Oil Taxation Act 1975 and is a tax on the profits from oil and gas production in the UK or on the UK Continental Shelf.

PRT was abolished on 16 March 1993 for all fields that were given development consent on or after that date.

PRT remains in force for fields given consent before 16 March 1993.

Petroleum Revenue Tax returns

• File a Petroleum Revenue Tax return
  • 14 August 2017
  • Form
• File an additional Petroleum Revenue Tax return
  • 4 April 2014
  • Form
• File a Petroleum Revenue Tax return on behalf of a participator
  • 14 August 2017
  • Form
• Report the payable amount of Petroleum Revenue Tax
  • 14 August 2017
  • Form

Transfer an oil field

• Transfer an oil field to another participator
  • 4 April 2014
  • Form

Claim expenditure for PRT

• Claim abortive exploration expenditure for Petroleum Revenue Tax
  • 9 September 2014
  • Form
• Claim expenditure as a participator for Petroleum Revenue Tax
  • 4 April 2014
  • Form
• Claim research expenditure for Petroleum Revenue Tax
  • 9 September 2014
  • Form
• Claim expenditure as a responsible person for Petroleum Revenue Tax
  • 4 April 2014
  • Form
• Claim exploration expenditure for Petroleum Revenue Tax
  • 4 April 2014
  • Form

Claim a loss, repayment or allowance for PRT

• Claim repayment of excess Advance Petroleum Revenue Tax credit
  • 8 October 2014
  • Form
• Claim unrelievable field loss for Petroleum Revenue Tax
  • 23 September 2014
  • Form
• Elect a cross-field allowance for Petroleum Revenue Tax
  • 4 April 2014
  • Form

Declare returns for PRT

• Declare returns by participator: PRT(D1)
  • 5 September 2014
  • Form
• Declare returns by participator: PRT(D2)
  • 5 September 2014
  • Form
• Declare returns by participator: PRT(D3)
  • 5 September 2014
  • Form

Declare claims for PRT

• Declare claims for participator expenditure PRT(D4)
  • 5 September 2014
  • Form
• Declare claims for abortive exploration expenditure: PRT(D5)
  • 5 September 2014
  • Form
• Declare claims for exploration and appraisal expenditure: PRT(D6)
  • 5 September 2014
  • Form
• Declare claims for abortive exploration expenditure: PRT(D7)
  • 5 September 2014
  • Form
• Declare claims for abortive exploration expenditure: PRT(D8)
  • 5 September 2014
  • Form
• Declare claims for unrelievable field loss: PRT(D9)
  • 5 September 2014
  • Form

Published 30 November 2014