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-   -   Now that VAT is down 2.5%... (https://www.scoobynet.com/non-scooby-related-4/727506-now-that-vat-is-down-2-5-a.html)

zip106 25 November 2008 02:01 PM

Now that VAT is down 2.5%...
 
...does that mean the 5% currently charged on electricity/gas/heating oil is also down to 2.5%?

Can't seem to find anything about it.

lozgti 25 November 2008 02:13 PM

No.

Says in the Times as it is on lower rate vat of 5% it doesn't change

OllyK 25 November 2008 02:16 PM

And while VAT is down on petrol, booze and tabacco, duty has been raised to compensate, so effectively no change there either.

As I said in the other thread of the main expenses most families have, it won't make any difference as they aren't affected by the VAT changes:
Mortgage
Council Tax
Gas
Electricity
Petrol
Groceries
Kids Clothes

Leslie 26 November 2008 12:06 PM

Did you really expect that they would reduce it?

Les


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