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I just read some of the changes in the...

  1. Youngn1990
    331 Posts.
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    08/03/24
    10:31
    Post #: 72809199
    I just read some of the changes in the UK:

    https://www.politico.eu/article/oil-gas-company-lash-labour-party-windfall-tax-plan/

    Industry figures are concerned that this means Labour would scrap an “investment allowance” which currently allows oil and gas producers to get 91p in tax relief for every £1 they invest in U.K. operations.

    Not ideal for us, hopefully they dont hold power next election and it gets scrapped lol
    Last edited by Youngn1990: 08/03/24
    FDR Price at posting: 6.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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