Electricity VAT cut starts in Great Britain as energy price cap rises
Qualifying electricity supplies are zero-rated for six months. The government says the change lowers the annualised price cap by about £45, but household bills will vary.
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Qualifying electricity supplies are zero-rated for six months. The government says the change lowers the annualised price cap by about £45, but household bills will vary.
Ofgem’s typical household energy cap rose 4% to £1,723 on 1 October. Chancellor John Healey faces calls for more support in the 28 October budget.