Tag: VAT
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Government considers cutting VAT on domestic energy bills
Around 7 million UK households with high energy use are set to gain the most from a planned 5 % VAT cut on domestic energy bills. The move, currently being discussed by the government ahead of the November Budget, is designed to ease pressure on struggling households. However, analysts say that energy-efficient homes will see much smaller…
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Government considers cutting VAT on domestic energy bills
Around 7 million UK households with high energy use are set to gain the most from a planned 5 % VAT cut on domestic energy bills. The move, currently being discussed by the government ahead of the November Budget, is designed to ease pressure on struggling households. However, analysts say that energy-efficient homes will see much smaller…