Liz Truss considers 5% cut in VAT if she becomes PM
Published on: Sunday 28 August 2022
British leadership frontrunner Liz Truss is considering cutting value-added tax (VAT) by 5% across the board to help tackle the cost-of-living crisis if she succeeds Boris Johnson as prime minister next month, the Sunday Telegraph reported. The government has been facing growing calls to provide immediate financial support to households…