This article was first published by blooloop.
Tickets to UK attractions such as theme parks, museums and zoos will be cheaper this summer through a cut in the rate of VAT, Rachel Reeves has announced.
From 25 June to 1 September, the VAT rate will be cut from 20 percent to 5 percent on eligible activities as part of the chancellor’s ‘Great British Summer Savings’ scheme, which applies across England, Wales, Scotland and Northern Ireland.
Estimated to cost about £300 million, the scheme is designed to support families during the cost of living squeeze, as well as businesses that depend on summer attendance.