Economy
Thursday, 6/25, 12:48 AM
UK Cuts VAT to 5% on Theme Parks and Kids' Meals for the Summer
- Britain has temporarily cut value-added tax from 20% to 5% on admission to family attractions and on children's restaurant meals, running from June 25 to September 1, 2026.
- The government estimates the 'Great British Summer Savings' scheme will cost about £300 million and is urging businesses to pass the savings on.