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Sophy Ridge: VAT cut to cost £850m, digital ID £1.8bn over next three years

Sophy Ridge: VAT cut to cost £850m, digital ID £1.8bn over next three years
VAT and digital ID projected costs

Sophy Ridge outlines estimated costs for two major policy initiatives. According to Ridge, a VAT cut is projected to cost £850m in 2026-7, while implementing a digital ID system is estimated at £1.8bn over the next three years.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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