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Shell and BP Windfall Tax?

In this video I explain what a Windfall Tax is and discuss the possibility of such a tax being imposed on North Sea oil and gas companies, in particular Shell and BP. I have held shares in both Shell and BP for several years and they are part of my diversified dividend portfolio. I prefer large established companies which pay reliable dividends simply because I find this highly motivating seeing monthly payments flowing in. I always reinvest the dividends and allow them to compound over time. Regular investing into dividend shares allows you to generate a stream of passive income which grows over time. The end goal is to achieve financial independence and retire early. My stockbroking platform is Barclays Smart Investor which allows me to buy individual companies in the UK and a wide range of funds including Exchange Traded Funds from around the world. I make good use of a stocks and shares ISA to protect my investments from tax. Disclaimer The information presented on this channel and in these videos is for entertainment purposes only and is not financial advice. The price of shares can go down and well as up. Investing in shares is not appropriate for everyone so please do your own research.