The Chancellor of the Exchequer presented the first big surprise in this budget: £100 energy subsidies to households. John Healy mentioned a policy announced this morning — abolishing the fixed base fee on gas bills. “This winter, an energy subsidy of £100 per household will be distributed to 20 million households in grades A to D of the municipal tax.” He said the subsidy will be disbursed directly to residents' bank accounts to cope with rising energy bills. He added, “The total scale of this subsidy program is 2.6 billion pounds. It will reduce the burden on the public during the coldest months and help everyone last until spring.” Healy also called on decentralized governments to launch similar subsidy programs simultaneously. The Minister of Finance then announced another measure to benefit the people: the VAT relief policy was extended until July. Healy said, “There are two tax cuts this winter: saving £50 in VAT and £100 in municipal tax; fairer billing will be achieved next year; in the long run, we will push forward deep reforms in the energy market to lower electricity prices.”

The Chancellor of the Exchequer presented the first big surprise in this budget: £100 energy subsidies to households. John Healy mentioned a policy announced this morning — the elimination of a fixed base fee on gas bills. “This winter, an energy subsidy of £100 per household will be distributed to 20 million households in grades A to D of the municipal tax.” He said the subsidy will be disbursed directly to residents' bank accounts to cope with rising energy bills. He added, “The total scale of this subsidy program is 2.6 billion pounds. It will reduce the burden on the public during the coldest months and help everyone last until spring.” At the same time, Healy called on decentralized governments to launch similar subsidy programs simultaneously. The Minister of Finance then announced another measure to benefit the people: the VAT exemption policy was extended until July. Healy said, “There are two tax cuts this winter: saving £50 in VAT and £100 in municipal tax; fairer billing will be achieved next year; in the long run, we will push forward deep reforms in the energy market to lower electricity prices.”