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 Campaign Manager, TaxPayers' Alliance
24-hour media hotline: 07795 084 113 (no texts)
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