Leo Varadkar has confirmed that energy companies will pay “hundreds of millions” of euro in windfall taxes from their megaprofits.
The Taoiseach told the Dáil that Energy Minister Eamon Ryan had updated the Cabinet on Tuesday morning that a deal to levy the tax is just “weeks away.”
And he had further good news for households being hammered that the taxes will be backdated so the companies pay taxes on last year’s profits too.
