Boris Johnson has dismissed removing the 5% tax on domestic gas and electricity bills as a blunt instrument, saying he favours targeted support…
Continue ReadingTreasury Will Get £3.1bn Windfall from Rising Energy Prices
Written by Lauren Smith in Government Policy Household & Bills
The Treasury will collect an additional £3.1 billion in VAT due to the sharp rise in energy prices this year, a windfall the…
Continue ReadingTreasury Rejects Calls to Cut VAT on Domestic Energy Bills
Written by Lauren Smith in Government Policy Household & Bills
The Chancellor’s Budget, to be unveiled Wednesday, will not cut the VAT on energy bills, despite calls from Labour and fuel poverty charities…
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