Homes with gas and electricity paying €265 a year in tax
VAT take from residential energy bills tops €4Billion
The Government’s Vat take on energy bills has surged despite a temporary cut in the rate on residential electricity and gas accounts.
The spike in energy costs over the last few years is behind the bumper Vat receipts for the Exchequer. Electricity prices in this country are already among the highest in Europe.
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