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UK Raises North Sea Oil, Gas Taxes Amid Protest From Industry

The new UK government followed through on its pledge to toughen up the tax regime for North Sea oil and gas producers, increasing a windfall levy and ending some investment allowances.


  • Jul 30 2024
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UK Raises North Sea Oil, Gas Taxes Amid Protest From Industry
UK Raises North Sea Oil, Gas Taxes Amid Protest From Industry
(Bloomberg) — The new UK government followed through on its pledge to toughen up the tax regime for North Sea oil and gas producers, increasing a windfall levy and ending some investment allowances.  Read More

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