fuel duty Archives - Political Fiber

Truss may cut VAT by 5%; Good Law Project to sue Ofgem

28 August 202219 January 2024Joe Cahal0

Liz Truss is reported to be considering a 5% cut to VAT which could save families £26 per week/£1,300 per year to deal with the deepening cost of living crisis. It would be the largest ever reduction in the headline rate of VAT (currently at 20%) which officials say would also help businesses struggling to […]

Sunak’s tax-cutting claims debunked by OBR

24 March 202219 January 2024Political Fiber0

Rishi Sunak’s claims to be a tax-cutting Tory chancellor have been debunked by the Office for Budget Responsibility (OBR). Sunak’s Spring Statement turned out to be a mini-budget and featured headline grabbing measures such as the 5p off fuel duty (for 12 months), a national insurance cut for 30 million workers and a pledge to […]

Tag: fuel duty

Truss may cut VAT by 5%; Good Law Project to sue Ofgem

Sunak’s tax-cutting claims debunked by OBR

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