Service Industries: VAT
The question
To ask the Chancellor of the Exchequer, how many businesses are participating in the Great British Summer Savings scheme in (a) Fylde constituency and (b) Lancashire.
Answered by Treasury
From 25 June to 1 September the Government introduced a temporary reduced rate of VAT on children's menu meals and eligible family attractions.
This was a targeted and temporary scheme to reduce the costs of children’s meals in restaurants, children’s tickets for theatres and cinemas and tickets for everyone for attractions like soft play, adventure centres, and theme parks, helping families enjoy a day out for less.
The reduced rate of VAT under the Great British Summer Savings Scheme applies to all supplies within its scope. HM Treasury and HMRC do not hold information on the number of businesses making such supplies. This is because businesses are not required to provide information at a product level in their VAT returns, as this would impose an excessive administrative burden.
Over 2,100 eateries and attractions across the UK were listed on the Government’s Great British Summer Savings deal-finder website at https://summersavings.gov.uk/.
The temporary reduced rate is estimated to cost about £300m. All costings will be subject to certification in the next OBR forecast in the usual way.
The Government has published a Tax Information and Impact Note concerning the temporary reduced rate, which can be found here: https://www.gov.uk/government/publications/temporary-reduced-rate-of-vat-for-childrens-meals-tickets-and-family-attractions
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