200 jobs created by North East energy firms who are expanding in lockdown
July 7, 2020
The public will be able to enjoy cheaper entertainment as the new temporary tax cut comes into force.
Restaurants, amusement parks theatre tickets, and others will benefit from a VAT cut as part of a £4.1b plan to boost tourism and get the public spending again.
The Government stated, that added tax will drop from 20% to 5% for six months from Wednesday, with food and non-alcoholic drinks also included.
The reduced rate applies to the following:
The reduction also applies to admission to the following attractions, where they do not qualify for the cultural VAT exemption: