VAT cut announced for UK summer attractions as Reeves unveils cost-of-living package
TIMESOFINDIA.COM / May 21, 2026, 21:47 (IST)
In a move to bring relief to families this summer, chancellor Rachel Reeves has rolled out an unexpected VAT reduction on seasonal attractions, drastically lowering it from 20% to a mere 5%. This initiative, dubbed 'Great British Summer Savings,' is designed to encourage families to indulge in more recreational activities.