Chancellor says windfall tax aims to 'incentivise investment'
May 27, 2022
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11:42Now PlayingChancellor says windfall tax aims to 'incentivise investment'
YouTube Description
as posted by the channelChancellor Rishi Sunak told Niall Paterson that the newly introduced windfall tax aims to "incentivise investment."
The "investment allowance" feature in the levy means that energy companies which invest more into the UK, an example being future infrastructure projects, will then pay less tax on their earnings.
#Chancellor #RishiSunak #WindfallTax
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