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Calls to cut VAT as European energy prices spike

A number of voices, including those of lawmakers and consumer groups, are calling for VAT reductions as European energy costs surge.

In the UK, some Conservative MPs urged government to cut VAT on energy bills. While French consumer group UFC-Que Choisir also wants to see a temporary VAT reduction. “There could at least be a temporary reduction in VAT to compensate people for this considerable increase,” the group’s president said.

Source vatit

See also European Union: Overview reduced VAT rates for water, electricty, gas

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