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Oil and gas profits windfall tax extended until 2029

Source: BBC

Delivering his budget, Mr Hunt said: "Because the increase in energy prices caused by the Ukraine war is expected to last longer, so too will the sector's windfall profits - so I will extend the sunset on the Energy Profits Levy for an additional year to 2029, raising £1.5bn." BBC - For more and to sign up click here To Return to the Main Aggregate News Page - click here

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