The UK Government’s new summer tax scheme will allow Scottish families to “afford more time together”, a minister has said.
The Great British summer savings tax scheme will see VAT cut from 20% to 5% on eligible activities across England, Wales, Scotland, and Northern Ireland.
Picturehouse, Everyman Cinemas, Vue, Butlin’s, Wetherspoons, Shepherd Neame pubs, McDonald’s, KFC, and Burger King are among the businesses that have agreed to take part in the scheme this summer.
Scotland Office minister, Kirsty McNeill, said the scheme would help relieve cost-of-living pressures.
She said: “This summer, the UK Government is cutting the cost of a family day out and making sure families across the UK get to make the most of the summer break.
“Businesses will also feel the benefits with increased visitor numbers and more people discovering the wonderful range of activities and attractions we have throughout Scotland and the whole of the UK.
“Too many parents feel they have to hold back on treats or days out together because of cost-of-living pressures so the UK Government is slashing the VAT on a range of kids’ activities so families can afford more time together.”
Camera Obscura and World of Illusions Edinburgh is one of the attractions committed to passing on the savings and has refunded the difference to 1,200 pre-paid tickets.
Camera Obscura manager Tony Millar welcomed the scheme, saying: “We’re delighted to be part of the Great British Summer Savings initiative and to pass the benefit directly on to visitors.
“The summer holidays are an important time for families to make memories together, but we know the cost of days out can add up.
“By passing on the VAT reduction and reducing our ticket prices over the summer, we hope to make it easier for families, tourists and local visitors to enjoy a fun, memorable and great-value day out in the heart of Edinburgh.”
Whether it's a trip to the cinema, a day out together or family meal, too many parents have had to hold back because of pressure on household budgets - that’s why we’re slashing VAT on family days out this summer
The UK Government has said the scheme has been introduced in order to help families enjoy trips this summer.
Prime Minister Sir Keir Starmer said the measures are part of the Government’s work to ease the cost-of-living crisis.
He said: “The cost of living isn’t just about paying the bills, it’s about being able to afford the moments that matter with your family.
“Whether it’s a trip to the cinema, a day out together or family meal, too many parents have had to hold back because of pressure on household budgets – that’s why we’re slashing VAT on family days out this summer.”
Prices will also be cut for children’s menu meals served in restaurants for consumption on the premises and children’s and family tickets for cinemas, theatres, concerts, shows and exhibitions.
Chancellor of the Exchequer, Rachel Reeves, said: “I know the cost of living is a number one concern for families, and it can be even harder over the summer holidays when kids want to do things and money is tight.
“So, we’re making it that bit easier for families to make memories together and enjoy the little treats – while giving a boost to businesses across the UK.
“This comes on top of support we’ve already put in place including freezing fuel duty, taking off £117 off energy bills, and freezing prescriptions and rail fares.
“We are able do this because we have the right economic plan, resulting in the UK having the fastest growing economy in the G7.”