Gransnet forums

News & politics

Shell announces biggest profits since 2008

(29 Posts)
Grannybags Thu 27-Oct-22 11:26:46

I'm hoping Hunt will introduce some kind of windfall tax on these companies

fairfraise Thu 27-Oct-22 11:06:43

Small shareholders have had their dividends reduced by 66 % in the last three years.

GrannyGravy13 Thu 27-Oct-22 10:32:04

I am definitely not an expert on Global Companies Finance/Tax.

Is this profit overall (i.e. their entire worldwide operations or just the U.K. arm)?

Shell is listed in U.K., Amsterdam and New York, I expect them to pay taxes to the U.K. Government on the profits they make in the U.K. arm of their operation.

Wyllow3 Thu 27-Oct-22 10:24:15

On the 10am news and probably before.So for goodness sake tax them!
Its Labour Party policy,
and should be part of policy announcements by the Conservatives in their next big "package" of financial announcements.

Its utterly gross that this is happening when people cannot afford heating bills, and we could partly ease it by taxing the very people who make and enjoy the profits. The shareholders won't go short - why should the public?