Days out and takeaways should become cheaper from today as a new tax cut comes into force across the hospitality sector. Theatre tickets, amusement parks and even zoos will benefit from a VAT cut as part of a £4.1billion plan to boost tourism and get the public spending again.
Chancellor Rishi Sunak said value added tax will drop from 20% to 5% for six months from Wednesday, with food and non-alcoholic drinks also included.
He said the move will "get the sectors moving and protect jobs" as the Government prepares to close the furlough scheme in October.
The cut will run until January 12, 2021 and will include takeaways and meals out as well as hotel, B&B and campsite stays.
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