20-02-2016, 01:52 PM
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EU ups the VAT on energy saving measures
We will no longer pay 5 per cent VAT to insulate our homes because the EU are ruling it should be 20 per cent VAThttp://www.telegraph.co.uk/finance/p...nsulation.html
20-02-2016, 02:12 PM
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Re: EU ups the VAT on energy saving measures
Hi Patsy, it's not just VAT, I read an article not so long back that stated the EU energy companies were ripping off British customers by charging them more for usage than their European counterparts, I will try and find it and post a link.
20-02-2016, 02:41 PM
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Re: EU ups the VAT on energy saving measures
Originally Posted by WholeLottaRosie
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Hi Patsy, it's not just VAT, I read an article not so long back that stated the EU energy companies were ripping off British customers by charging them more for usage than their European counterparts, I will try and find it and post a link.
That wouldn't surprise me. I've felt for long time that high UK energy prices set by European owned energy suppliers are being used to subsidise those customers in their respective countries.
20-02-2016, 02:43 PM
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Re: EU ups the VAT on energy saving measures
Originally Posted by Judd
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That wouldn't surprise me. I've felt for long time that high UK energy prices set by European owned energy suppliers are being used to subsidise those customers in their respective countries.
20-02-2016, 02:58 PM
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Re: EU ups the VAT on energy saving measures
Found it, although its a few years old, I can't imagine they've seen the light and reduced prices for British customers too:FOREIGN-owned energy firms are hammering UK customers with much bigger price rises than in their own countries,
The massive difference has led to concern that European firms are happy to batter their UK customers to protect those at home.
Four of the Big Six energy firms – Scottish Power, EDF Energy, E.ON and npower – are in foreign hands.
A Mirror investigation has found their owners have passed on much smaller price increases this year in their home countries. In many cases the difference is shockingly stark.
20-02-2016, 03:34 PM
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Re: EU ups the VAT on energy saving measures
Originally Posted by Patsy
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You know Rosie, I said to Fabs this morning - it seems like the EU want to see us go under, they want to bleed us dry .......
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