Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 29 November 2021 to Question 78497 on Energy: Conservation, whether his Department has made an assessment of the potential merits of extending the 5 percent reduced rate to the supply of certain energy-saving materials.

The Government maintains a reduced rate of VAT of 5 per cent on the installation of many energy saving materials, subject to certain conditions.

Going further would impose additional pressure on the public finances, to which VAT makes a significant contribution. VAT raised around £130 billion in the year 2019-20, and helps to fund key spending priorities, including on health, education, and defence.

The Government keeps all taxes under review.