VAT

EV drivers without a driveway pay four times more in VAT than government's electricity tax cut saves the average household, new analysis finds

Cornwall Insight calculates decision to remove VAT from electricity will save average household £44, but bills are still set to climb two per cent due to rising gas prices

Decision will cut energy bills for average household by £45 a year and reduce running costs for heat pumps and electric vehicles

Ministers accused of 'doubling down' on tax system that penalises millions of drivers without access to home charging

Critics claim proposed reforms are not properly funded, would undermine investor confidence, and leave the UK more reliant on imported fossil fuels

Charge My Street secures tribunal ruling that VAT on charging at service stations, supermarkets, and residential streets should match lower rate paid by drivers plugging in at home

FT reports the Treasury will instead move to reform levies on energy bills, fuelling fears energy efficiency funding could be cut

Treasury reportedly considering scaling back energy efficiency schemes, as part of efforts to curb energy bills

The government has signalled it wants the Budget to reduce energy bills - reforming the system of green levies should be the obvious mechanism for doing so

Experts warn proposal to remove VAT from energy bills would disproportionately benefit richer households and could result in higher emissions