World & BusinessScrapping UK windfall tax early could cost £8.6bn by 2030
Sky News reports that the government has outlined plans to replace the energy profits levy with a new scheme called the oil and gas revenue levy.
TLDR
Sky News reports that campaigners warn scrapping the UK's windfall tax early could cost £8.6bn by 2030. The government has already outlined plans to replace the charge, officially known as the energy profits levy, with a new oil and gas revenue levy.
Scrapping UK windfall tax early could cost £8.6bn by 2030
Sky News reports that the government has outlined plans to replace the energy profits levy with a new scheme called the oil and gas revenue levy.
TLDR
Sky News reports that campaigners warn scrapping the UK's windfall tax early could cost £8.6bn by 2030. The government has already outlined plans to replace the charge, officially known as the energy profits levy, with a new oil and gas revenue levy.