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The Independent UK
The Independent UK
Albert Toth

The 5% tax cut coming into effect for UK households today

Households across the UK face new tax rules from today under changes announced by both new prime minister Andy Burnham and the previous government.

In a bid to tackle rising energy costs, VAT will be removed from household electricity bills from 1 October. The removal of the 5 per cent levy will save the average bill payer around £45 a year, estimates from the government show.

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