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The Independent UK
The Independent UK
Business
Millie Cooke

VAT slashed to 5% on summer attractions in chancellor’s cost of living plan

Rachel Reeves has announced a cut in the rate of VAT on tickets for theme parks, zoos and museums from 20 per cent to 5 per cent over the summer holidays as part of a package of measures to tackle the spiralling cost of living caused by the Iran war.

Sir Keir Starmer said the support would give families “a bit of breathing room” to “enjoy moments that matter without the same level of financial strain”.

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