Exceptional tax: the government bombarded with “thousands” of complaints
The government has been bombarded with thousands of complaints calling on the government to do more to help struggling families in response to its announcement of a windfall tax, a campaign group has said.
Nearly 7,000 members of the public responded to his call to submit responses to the government’s consultation on the proposed windfall tax on the 38 Degrees website.
Last month, Chancellor Rishi Sunak announced £5 billion temporary tax on windfall profits 25% off oil and gas companies to help fund a £15billion relief package for households struggling with the cost of living crisis.
A large majority of responses called on the government to go much further to help households.
Demands included raising and making the tax permanent, scrapping tax breaks for oil and gas companies to invest in North Sea extraction, and using the money raised to fund an isolation campaign. and household energy efficiency, the group said.
Others were frustrated that the government had only given members of the public a week to respond to its plans, the group said.
“Why is this consultation rushed into a week? It’s ridiculous and it feels like the government is sneaking in,’ said one respondent, named Barry from North Thanet.
“Let’s really tax the oil companies, who don’t seem to care about the future of the human race, and put that money into keeping people safe, now and in the future.”
The consultation ends at 11:45 p.m. on Tuesday.
Another respondent called on the government to tax energy companies “appropriately”.
“They have declared huge profits, but ordinary households like mine are really struggling to make ends meet, having to choose between fuel and heating,” said Elizabeth from Newport East.
While a third called on the government to make the model tax permanent.
“It’s a valuable source of money to spend on energy efficiency and home insulation,” said Lyria from Coventry South.
Although the windfall tax has been widely welcomed, tax relief measures built into the tax to encourage energy companies to invest in fossil fuel extraction have been criticized by climate activists and opposition politicians. Green MP Caroline Lucas said any new fossil fuel production acted as a “wrecking ball” for the government’s net zero targets.
A Treasury source said The Independent at a time when the country needed to expand North Sea oil and gas production to ensure security of supply, and there were other measures to boost green energy.
Matt Richards, campaign manager at 38 Degrees, said: “With people struggling so much right now, that tax clearly needs to be higher. It must be permanent. »
“The ridiculous tax breaks that reward fossil fuel investments need to go,” he said. “And the extra money raised should be spent on a massive household insulation and energy efficiency campaign – lowering all our bills while helping the planet.”
A spokesman for the UK Treasury has said the North Sea oil and gas sector is going to be crucial to the UK’s energy supply and security for the foreseeable future – and so it was right to continue to encourage investment while continuing to focus on reducing emissions.
“Revenue generated from the levy will go towards new cost of living measures announced last month, including £1,200 for each of the 8 million most vulnerable households,” the spokesperson said.