<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>taxcut on Birmingham Daily</title><link>https://birminghamdaily.co.uk/tags/taxcut/</link><description>Recent content in taxcut on Birmingham Daily</description><generator>Hugo -- gohugo.io</generator><language>en-us</language><lastBuildDate>Tue, 21 Jul 2026 05:29:06 +0000</lastBuildDate><atom:link href="https://birminghamdaily.co.uk/tags/taxcut/index.xml" rel="self" type="application/rss+xml"/><item><title>Andy Burnham Announces Immediate £45 VAT Cut on Energy Bills for All Households</title><link>https://birminghamdaily.co.uk/andy-burnham-announces-immediate-45-vat-cut-on-energy-bills-for-all-households/</link><pubDate>Tue, 21 Jul 2026 05:29:06 +0000</pubDate><guid>https://birminghamdaily.co.uk/andy-burnham-announces-immediate-45-vat-cut-on-energy-bills-for-all-households/</guid><description>Andy Burnham, newly appointed Prime Minister and Labour MP for Makerfield, has announced an immediate cut to household electricity bills by removing VAT, aiming to provide urgent relief amid rising living costs.
Effective from October 1, the government will eliminate VAT on domestic electricity bills, a move designed to influence the next Ofgem price cap and deliver an estimated £45 saving per household annually. This measure builds on the earlier £150 reduction in energy bills introduced during the previous Budget.</description></item></channel></rss>