What is the windfall tax on oil and gas companies and how does it work? - News Summed Up

What is the windfall tax on oil and gas companies and how does it work?


BP and Shell both received more money back from the UK government than they paid every year from 2015 to 2020 (except 2017, when Shell paid more than it received). Shell also paid a negative amount of tax in 2021 - BP has yet to publish its figures for last year.


Source: The Times September 08, 2022 06:18 UTC



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