UK Can Replace Oil Windfall Tax Early to Add Revenue, Lobby Says
The UK could raise an additional £15 billion ($20 billion) in tax revenue from oil and gas production over the next decade if Prime Minister Andy Burnham’s government brought forward its new fiscal regime to next year, according to an industry lobby group.
The UK could raise an additional £15 billion ($20 billion) in tax revenue from oil and gas production over the next decade if Prime Minister Andy Burnham’s government brought forward its new fiscal regime to next year, according to an industry lobby group.