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UK Oil and Gas Group Says Earlier Tax Shift Could Raise £14.9 Billion
A new fiscal regime in the UK from 2027 could deliver an additional £14.9 billion, or $20 billion, to Britain’s revenues, the leading offshore industry group said in its annual Economic Report, calling on the Burnham government to bring…
AI Summary
A new UK fiscal regime starting in 2027 could add £14.9 billion ($20 billion) to government revenues, according to the offshore industry group’s annual Economic Report. The group urges the Burnham government to advance the tax shift originally scheduled for 2030.
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