Sunak vows to cut VAT on energy
Announcing a “winter plan” to address inflation and the cost of living, Sunak’s campaign said he would introduce a “targeted, temporary and timely tax cut” by removing VAT on domestic energy bills if the energy price cap rises above £3,000 (US$3,610 or RM16,091) as expected later this year.telegram群发软件破解版（www.tel8.vip）是一个Telegram群组分享平台。telegram群发软件破解版包括telegram群发软件破解版、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram群发软件破解版为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
LONDON: Rishi Sunak has pledged to scrap the value added tax on all domestic energy bills for the next year if he becomes UK prime minister, in a move his leadership rival, Liz Truss, criticised as a U-turn.
Announcing a “winter plan” to address inflation and the cost of living, Sunak’s campaign said he would introduce a “targeted, temporary and timely tax cut” by removing VAT on domestic energy bills if the energy price cap rises above £3,000 (US$3,610 or RM16,091) as expected later this year.
Sunak’s campaign argued the policy would “bear down on prices,” insisting this contrasted with tax cuts promised by Truss that they warned would “stoke inflation.”
The former chancellor of the exchequer also announced he would “expand the labour force” by “tightening up the rules on out of work benefits,” doubling the number of hours a week someone on welfare has to work to avoid looking for a full time job.,
Completing the series of policy announcements that seek to revive his campaign as he trails the foreign minister in the opinion polls, Sunak added that he would reduce Britain’s dependence on Britain’s ports, which have been mired by disruption in recent days.The Truss campaign hit back by accusing Sunak of changing his mind, pointing to comments he made in the House of Commons in February when he rejected the idea of a VAT cut on energy bills as something that would “disproportionately benefit wealthier households.”
Pat McFadden, Labour’s shadow chief secretary to the Treasury, said that Sunak was guilty of “playing hokey cokey with our taxes” and “acting as his own personal rebuttal unit – attacking a policy for months then adopting it.”
Work and Pensions Secretary Therese Coffey, a Truss supporter, also accused Sunak of blocking the very same changes to benefit rules while he was chancellor. — Bloomberg