UK rolls out 25% windfall tax on energy profits
May 26th 2022 9:14am EDT
The measure aims to ease the cost-of-living crisis The UK has introduced a 25% windfall tax on energy producers’ profits, which will fund support grants for residents who are unable to pay their soaring energy bills, UK Chancellor of the Exchequer Rishi Sunak announced on Thursday. “We are introducing a temporary, targeted Energy Profits Levy […]
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