Prime Minister and Rishi Sunak Could Reduce Energy Bills’ VAT

Boris Johnson and Rishi Sunak are considering a U-turn over energy bills that would see VAT cut or scrapped to relieve the pressure on hard-pressed families. The Prime Minister has previously repudiated the idea saying that cutting the tax was a blunt instrument, but may be forced to act in the face of increasing politicalContinue reading “Prime Minister and Rishi Sunak Could Reduce Energy Bills’ VAT”

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In His Budget, Rishi Sunak Might Cut The VAT On Household Energy Bills

It was claimed that Rishi Sunak could cut VAT on household energy bills in the Budget to reduce the cost of the living crisis. The Chancellor is thought to be contemplating decreasing the 5 per cent rate even though he’s very little room for manoeuvre in the financial package on October 27. As well asContinue reading “In His Budget, Rishi Sunak Might Cut The VAT On Household Energy Bills”

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