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Evening Standard
Evening Standard
Politics
Craig Paton

Forbes calls for windfall tax to be replaced at the coming Budget

The Deputy First Minister spoke on Monday (Jane Barlow/PA) - (PA Wire)

Scotland’s Deputy First Minister has urged the Chancellor to scrap and replace the windfall tax on oil and gas at the next Budget.

Rachel Reeves will lay out the UK Government’s tax and spending plans next month, but the energy profits levy – which levels a tax on the profits of oil and gas firms – is due to continue to 2030.

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