UK launches Great British Summer Savings' to ease family costs
Briefly

UK launches Great British Summer Savings' to ease family costs
A temporary VAT reduction will lower the cost of family days out and children’s meals during summer 2026. The Great British Summer Savings scheme will run from June 25 to September 1, 2026, reducing VAT from 20% to 5% until children return to school in England, Wales, and Northern Ireland. The reduced rate will apply to children’s menus and family tickets for cinemas, theatres, concerts, shows, and exhibitions. It will also apply to admission tickets for attractions including amusement parks, fairs, museums, and zoos. Children aged five to 15 will travel free on local bus services throughout August. The programme is estimated to cost about £300 million and aims to support household budgets and struggling leisure and hospitality businesses.
"From June 25 to September 1, 2026, VAT will be temporarily reduced to help lower the cost of days out and boost customer numbers for struggling businesses, according to a government statement released on Thursday."
"Chancellor Rachel Reeves announced that VAT would be temporarily reduced from 20 percent to 5 percent until children return to school in England, Wales and Northern Ireland. The reduced rate will apply to children's menus, family tickets for cinemas, theatres, concerts, shows and exhibitions, as well as admission tickets to attractions including amusement parks, fairs, museums and zoos."
"Children aged five to 15 will also be able to travel free on local bus services throughout August. The programme is estimated to cost about 300 million pounds ($403m), the government said."
"I know how precious that time is, yet too many parents feel they have to hold back because the cost of living is still squeezing budgets, he added. Our economic plan is the right one supporting families and businesses while building a stronger and more secure Britain, Reeves said."
Read at www.aljazeera.com
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