Windfall Levy Accounted for One Third of BP's 2024 UK Tax Bill
BP Plc paid £1.25 billion ($1.6 billion) in taxes to the UK government in 2024, with about a third of the payments a result of the country's windfall charge.
The figure was disclosed in newly released tax report and accompanying UK economic impact report conducted by Oxford Economics, includes £411 million paid under the Energy Profits Levy. The surcharge was introduced in 2022 in response to surging oil and gas prices after Russia invaded Ukraine.
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Yahoo
32 minutes ago
- Yahoo
Volvo Group and Daimler Truck partner to launch Coretura
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Fast Company
39 minutes ago
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Forget chocolate! The world now envies Switzerland's zero interest rates
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CBS News
an hour ago
- CBS News
Telegram founder and billionaire Pavel Durov plans to leave fortune to his 100-plus children
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