Home Breaking News Boris did promise cheaper gas and to scrap the ‘damaging tax’ after Brexit which has turned out to be ‘fantasy’

Boris did promise cheaper gas and to scrap the ‘damaging tax’ after Brexit which has turned out to be ‘fantasy’

by LLB Politics Reporter
3rd Feb 22 2:25 pm

The Prime Minister had promised Brits that once the UK has left the Bloc there will be cheaper gas bills after Brexit.

Today millions of families are now facing soaring fuel bills as the energy regulator Ofgem have increased their price cap by 54%.

Around 22 million customers who are on variable gas and electricity tariffs will be hit with a rise of £693 which starts from April.

The increase means the average family household will end up paying a whopping £1,971 a year to heat their homes and have the lights on.

Boris Johnson promised that household bills will be cheaper after Brexit and said this several time during the 2016 referendum campaign.

Brits who voted for Brexit argued that energy bills would be cut by around £2bn a year as it would allow the government to scrap the VAT on fuel bills.

When the UK was in the European Union the rules banned member states from cutting VAT below 5%.

During the 2016 referendum the Prime Minister told The Sun, “In 1993, VAT on household energy bills was imposed.

“This makes gas and electricity much more expensive.

“EU rules mean we cannot take VAT off those bills. The least wealthy are hit particularly hard.

“As a proportion, the poorest households spend three times more of their income on household energy bills than the richest households spend.

“As long as we are in the EU, we are not allowed to cut this tax.

“When we vote Leave, we will be able to scrap this unfair and damaging tax.

“It isn’t right that unelected bureaucrats in Brussels impose taxes on the poorest while elected British politicians can do nothing about it.”

At the time David Cameron and the then Chancellor George Osborne branded it “fantasy economics” as remainers dismissed the claims at the time.

Leave a Comment

You may also like


Sign up to our daily news alerts

[ms-form id=1]