UK Energy Profits Levy

UK windfall tax on North Sea oil and gas profits at 38% (headline 78%) to March 31 2030 or earlier under the price floor; government has announced a permanent revenue-based Oil and Gas Price Mechanism as its successor.

Record verified 1 Oct 2026 against census 2026-10: House of Commons Library; BCLP; Stewarts. Tracked since 2026-10.