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BBC NEWS · GLOBAL ·

VAT cut on theme parks and kids' meals comes into force

As reported by BBC News
The government will reduce tax from 20% to 5% on a range of attractions as schools begin to break-up.
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The government has implemented a significant VAT reduction on theme parks and children's meals, lowering the tax from 20% to 5%. This comes into effect as schools begin their breaks, aiming to stimulate demand in the leisure and entertainment sectors. The move is expected to…

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