VAT cut on theme parks and kids' meals comes into force (opens original article in a new tab)

A temporary VAT cut on theme parks, zoos, museums, and kids' meals reduces from 20% to 5% starting 25 June, aiming to ease summer holiday costs for families, though its effectiveness is questioned.

• VAT cut on theme parks, zoos, museums, and kids' meals reduces from 20% to 5% starting 25 June.
• Families and businesses question if tax savings will be passed on to customers.
• Chancellor Rachel Reeves states the measure aims to help families with summer holiday costs, alongside other cost-of-living initiatives.