Chris Chope Suggests VAT be Reduced on Energy in this Pricing Crisis

Gas Prices

Chris Chope Suggests VAT be Reduced on Energy during the current Pricing Crisis

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Christopher Chope Conservative, Christchurch

Why do we not reduce VAT on fuel as a temporary measure? We did it for the hospitality industry, which was badly affected by covid-19. Why do we not abolish VAT for consumers on fuel now?

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Kwasi Kwarteng The Secretary of State for Business, Energy and Industrial Strategy

My hon. Friend is quite right: we did a whole range of interventions to alleviate the burden on consumers and on businesses. Those were fiscal interventions that the Chancellor pursued last year, and I am sure that he is looking at a range of things this year, but that is a matter for him to decide ahead of the Budget.

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