UK

Burnham announces plans to cut VAT on electricity bills as first cost-of-living move

The newly appointed chancellor John Healey said the cut would be funded this year from cancelling the Digital ID programmeAndy Burnham has announced a fresh tax cut to remove VAT from domestic electricity bills from 1 October, a move that will funded from cancelling the Digital ID programme.The prime minister said in a statement: “Westminster has not been working for people for too long, with families struggling with the cost of living. That needs to change. I said I wanted…

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Source: www.theguardian.com

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