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Irish Mirror
Irish Mirror
National
Ciara Phelan

Government fails to reduce costs on home heating oil as new cost of living package details announced

Paschal Donohoe

The Government has announced a new cost of living package that will see households save around €50 on an annual gas bill and €70 on an annual electricity bill.

The temporary cut in VAT on fuel bills from 13.5% to 9% will begin on May 1 and last until October 31.

Finance Minister Paschal Donohoe said the VAT cut will cost the State around €46 million.

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