Reducing VAT, which is only 5%, will be scarcely noticeable compared to the amount prices will increase.
@Lizzie27, you don’t want to be listening to those husbands. Next time you zone back in he’ll only be telling you the finer points of his plan for reorganising the shelves in the shed. Stay out of it is my advice.
My price per unit is staying the same for the next 3 months as it was the last 3, going back a year.. well that was 30% less than it is now. The company we are with sets the price every 3 months, there's NO cap on bills here in Denmark, and the price of gas is up 600% from a year ago. Glad I do not have gas heating. (We pay 34p per kwh and to make that more relevant, I take home after taxes £8.30 per hour)
There's no feed in tariffs anymore here which is why solar doesn't make any sense for us, they'll take your power, but you get nothing for it.
The Government can't afford to indefinitely remove VAT.
That's not what they said when they were trying to get people to vote leave.
May 2016 Michael Gove said: "I think when we take back control of the
millions we give to the European Union, this [scrapping VAT on energy
bills] has to be the top priority.
If you can keep your head, while those around you are losing theirs, you may not have grasped the seriousness of the situation.
As long as those who voted for Brexit make no squeak of complaint about high energy bills. It's what they voted for. Do we see waves of apologies for previous moaning about "Project Fear"? All I'm seeing is tumbleweed.
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@Lizzie27, you don’t want to be listening to those husbands. Next time you zone back in he’ll only be telling you the finer points of his plan for reorganising the shelves in the shed. Stay out of it is my advice.
My info was wrong - told you I wasn't listening. It was a 3 yr fix back in Oct, ending 2024. I knew there was a 4 in it somewhere!
“It's still magic even if you know how it's done.”