VAT Cut on Electricity Starts October | Sheffield News

Starting October 1st, families will save £45 a year as the government slashes VAT on electricity bills — a bold move to ease rising living costs and bring relief before winter. Funded by scrapping the costly digital ID program, this tax cut signals a new direction under PM Andy Burnham, who vows to restore hope and breathing room for households. Chancellor John Healey backs the plan, calling it a step to curb inflation and support families, while energy firms are ordered to pass savings directly to consumers — a clear commitment to tackling the nation’s financial strain. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/819ffd71a08023f1