United Kingdom · Question · Written question
UIN 93074
Energy: VAT
Original
Introduced
14 December 2021
Last action
20 December 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Energy
Source updated
20 December 2021
Summary
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of temporarily cutting VAT on energy to assist vulnerable households with rising energy costs.
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Timeline
14 December 2021
Written question
To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of temporarily cutting VAT on energy to assist vulnerable households with rising energy costs.
Source: Commons
20 December 2021
Answer
VAT is a broad-based tax on consumption and the 20 per cent standard rate applies to most goods and services. While there are exceptions to the standard rate, these have always been limited by both legal and fiscal considerations. However, in recognition ...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-12-14/93074
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1387759
- uk · wq-1387759 · source updated 20 December 2021