British public ‘being ripped off’ as Shell pays just 22p in tax per citizen despite record profits
The IndependentGet the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The British public are being “ripped off” by Shell, which made record profits of £32 billion last year while paying the equivalent of 22p per UK citizen in tax, campaigners have said. Why are we doing so badly at taking tax revenue?” The windfall tax takes the marginal tax rate on North Sea oil and gas production to 75%, one of the highest rates globally HM Treasury spokesperson Global Witness said the UK ranks 19th out of the 25 countries in which Shell operates for the amount of tax it paid. There is no way morally or frankly just practically that British citizens should have received the pitiful sum of just 22p each from the fossil fuel giant in taxes last year Alice Harrison, Global Witness Global Witness said Shell paid more than £1,000 per citizen in Norway, though there are around 60 million less people than in the UK. Alice Harrison, fossil fuels campaign leader at Global Witness, said: “2022 saw Shell rake in record profits amidst a deep and painful energy crisis that pushed millions of Brits into poverty.