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UK's Sunak considers cutting VAT on household energy bills- FT

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By Reuters
UK's Sunak considers cutting VAT on household energy bills- FT
UK's Sunak considers cutting VAT on household energy bills- FT   -   Copyright  Thomson Reuters 2021

– British finance minister Rishi Sunak is considering a cut to the 5% rate of value-added tax on household energy bills, the Financial Times reported https://on.ft.com/3aMyzo8 on Sunday.

Government officials briefed on the Budget preparations said Sunak had looked at reducing the 5% VAT, but no decisions had been taken yet, the newspaper added.