UK Increases Windfall Tax on Oil & Gas to 78%

The UK's windfall tax on oil and gas producers has risen by 3% to 38%, pushing the total rate to 78%. Discover the impact on UK oil and gas industry.

A visually striking image showing offshore oil rigs against a sunset, symbolizing the impact of incr
UK Increases Windfall Tax on Oil & Gas to 78%

The UK's windfall tax on oil and gas producers increased by three percentage points to 38%, resulting in a total headline rate of 78% for UK oil and gas producers.

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