State set to extend reduced Vat rate for energy bills in Budget 2025

Government ministers are continuing to thrash out details ahead of October’s budget, with senior sources saying it is the intention to retain the Vat rate at 9%.

Households will avoid a further hike in winter energy bills, as the Government is set to extend the reduced rate of Vat for gas and electricity in the upcoming budget.

Government ministers are continuing to thrash out details ahead of October’s budget, with senior sources saying it is the intention to retain the Vat rate at 9%.