We would love to hear your thoughts about our site and services, please take our survey here.
Is the tax only going to be on the extra ordinary profits? What are they going to base ordinary on? Last yr p*ss poor lockdown profits, the average of last 5 yrs?
Also when is the point it stops? If oil drops below 100 dollar? We have had oil over 100 loads times in past. Never had to pay a robbery tax
The extra profits would take 1 to 2 yrs to offset the 25 billion write off though. Now they want to take the extra profits away. Realistically will take yrs now to offset the write off.
Therefore i cannot see bo hitting 5 quid a share any year soon