London-Sana
Britain today imposed an exceptional tax on the large profits achieved by giant energy companies such as (BP) and (Shell), which recently achieved huge profits with the rise in oil and gas prices.
And the French press agency quoted British Finance Minister Rishi Sunak as saying to Parliament today: “The new tax on energy will be imposed on the profits of oil and gas companies at a rate of 25 percent,” noting that “it will be temporary, and when oil and gas prices return to their historically normal levels, the tax will be phased out.” .
"Super-high profits can be taxed fairly and at the same time stimulate investments," Sunak noted.
The tax will generate around £5 billion in revenue over the next year, according to the Treasury.
To that, Sunak revealed a large support package for consumers affected by high energy bills, with the help of this tax.
The 15 billion pounds ($19 billion) package will be partially funded through this exceptional tax.
"The government will not stand idly by while there is a risk that some in our country will return to a point from which they will never recover," Sunak said. "This is simply unacceptable and we will not allow that to happen."
These measures come after Britain's inflation rate reached its highest level in 40 years due to rising energy costs and pressure on household budgets.
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