
UK to Eliminate VAT on Household Electricity Bills Starting October
Britain's new Prime Minister Andy Burnham announced the removal of VAT on domestic electricity bills, effective October.
Topic
Latest news and analysis on “VAT”.

Britain's new Prime Minister Andy Burnham announced the removal of VAT on domestic electricity bills, effective October.

The Institute of Chartered Secretaries of Bangladesh (ICSB) held a Continuing Professional Development (CPD) programme on the Finance Act 2026.

The price of gold has increased again in the Bangladesh market following a rise in the global market.
The National Board of Revenue (NBR) is considering a fixed VAT of BDT 5,000 per bhori on gold jewelry to improve VAT collection.

The National Board of Revenue (NBR) is set to reduce the VAT on gold from 5% to a fixed Tk 2,500 per bhori, a 78.5% decrease.

The VAT rate on air conditioners and refrigerators may be halved in the upcoming budget, potentially reducing consumer prices.

The new budget proposal for the fiscal year 2026-27 includes changes in tariffs and taxes that may affect the prices of various goods and services.

The finance minister has proposed a new initiative in the budget to reduce the cost of gold jewelry.