- The VAT rate on domestic electricity will stay at 0% longer than originally planned.
- The reduction, announced in July 2026 as running from 1 October 2026 to 31 March 2027, will now be extended to 31 July 2027.
- The measure is part of broader government support for households facing higher energy costs, alongside a commitment to remove standing charges from gas bills.
Source: icaew.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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