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The Guardian - UK
The Guardian - UK
Politics
Alex Lawson Energy correspondent

UNBELIEVABLE: What is the energy windfall tax and how would it work - The Untold Story

Boris Johnson North Sea Oil British Petroleum Shell
The Total Culzean platform iin the North Sea, about 45 miles east of the Aberdeen.
Total’s Culzean platform in the North Sea, 45 miles east of Aberdeen. Photograph: Andy Buchanan/AFP/Getty Images

Boris Johnson refused to rule out a windfall tax on Thursday as the clamour for a one-off levy grows. Supporters of a tax on energy giants’ profits argue the funds raised could be used to ease the pressure of rising bills on struggling households. Here’s how it could work:

What is a windfall tax?

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