Wetstraat brings out bazooka of VAT reduction against sky-high energy bills: is that fair? And what does that mean for your wallet?

Now that energy prices are reaching unprecedented heights, the political bazooka is being brought out to counter it: a reduction in the VAT rate on gas and electricity. That is what Finance Minister Vincent Van Peteghem (CD&V) put on the government table on Wednesday. But what does that mean in concrete terms for our bill and why is energy seen as a luxury product in our country? We answer the most important questions.

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