Form

File a Petroleum Revenue Tax return

Use form PRT1 to complete a Petroleum Revenue Tax (PRT) return, if you're a participator in an oil field.

• From: HM Revenue & Customs
• Published: 4 April 2014
• Last updated: 14 August 2017 — See all updates

Documents

Return by participator (PRT1)

Ref: PRT1

PDF, 147 KB, 10 pages

Details

You must complete this form and deliver it to HMRC within 2 months after the end of the chargeable period, under the provisions of paragraph 2, Schedule 2 Oil Taxation Act 1975.

Email HMRC to ask for this form in Welsh (Cymraeg).

Related forms and guidance

If you’re a participator in an oil field you can also use Petroleum Revenue Tax forms:

• PRT1A to file an additional Petroleum Revenue Tax return

• PRT(D1) to declare returns by participator

• PRT60 to claim abortive exploration expenditure

• PRT60A to claim exploration expenditure

Published 4 April 2014
Last updated 14 August 2017 + show all updates

1. 14 August 2017

   Section G has been removed as reporting of zero-rating of Petroleum Revenue Tax is no longer required.

2. 4 April 2014

   First published.