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The VAT Cut: Burnham's Cost-of-Living Play
Published 1 week ago
Description
From October 1, 2026, VAT on domestic energy fell from 5 percent to zero, costing about £850 million a year, saving roughly £45 per household and trimming 0.10 percentage points off inflation. A petrol and diesel price-comparison tool launched on October 8 promises around £40 a year, but while EV home charging is cheaper, public charging still carries 20 percent VAT — the so-called driveway divide.