{"id":509045,"date":"2022-07-27T09:32:54","date_gmt":"2022-07-27T04:02:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=509045"},"modified":"2022-07-27T10:40:29","modified_gmt":"2022-07-27T05:10:29","slug":"rishi-sunak-vows-to-cut-vat-on-energy-to-revive-uk-tory-leadership-bid","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rishi-sunak-vows-to-cut-vat-on-energy-to-revive-uk-tory-leadership-bid\/","title":{"rendered":"Rishi Sunak vows to cut VAT on energy to revive UK Tory leadership bid"},"content":{"rendered":"<p>Sunak has pledged to scrap the value added tax on all domestic energy bills for the next year if he becomes UK prime minister, in a move his leadership rival, Liz Truss, criticized as a U-turn.<\/p>\n<p>Announcing a \u201cwinter plan\u201d to address inflation and the cost of living, Sunak\u2019s campaign said he would introduce a \u201ctargeted, temporary and timely tax cut\u201d by removing VAT on domestic energy bills if the energy price cap rises above 3,000 pounds ($3,610) as expected later this year.<\/p>\n<p>Sunak\u2019s campaign argued the policy would \u201cbear down on prices,\u201d insisting this contrasted with tax cuts promised by Truss that they warned would \u201cstoke inflation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sunak has pledged to scrap the value added tax on all domestic energy bills for the next year if he becomes UK prime minister, in a move his leadership rival, Liz Truss, criticized as a U-turn. Announcing a \u201cwinter plan\u201d to address inflation and the cost of living, Sunak\u2019s campaign said he would introduce a \u201ctargeted, temporary and timely tax cut\u201d by removing VAT on domestic energy bills if the energy price cap rises above 3,000 pounds ($3,610) as expected later this year. Sunak\u2019s campaign argued the policy would \u201cbear down on prices,\u201d insisting this contrasted with tax cuts promised [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-509045","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=509045"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/509045\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=509045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=509045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=509045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}