For immediate release
Responding to reports that the chancellor is set to scale back the windfall tax on oil and gas producers, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“Scaling back the windfall tax shows the government recognises the harm it is doing to investment.
“But rather than admit to its mistake, the Treasury is bolting on yet another complication in an attempt to limit the damage.
“The chancellor should instead follow his own logic and scrap the levy altogether.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media contact:
Conor Holohan
Media Campaign Manager, TaxPayers' Alliance
[email protected]
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
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Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
- TaxPayers' Alliance's advisory council.