{"id":124969,"date":"2026-09-01T10:00:00","date_gmt":"2026-09-01T09:00:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=124969"},"modified":"2026-09-01T09:59:48","modified_gmt":"2026-09-01T08:59:48","slug":"hmrc-issues-vat-update-family-savings","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/hmrc-issues-vat-update-family-savings\/","title":{"rendered":"HMRC Issues VAT Update as Major Family Savings Measure Comes to an End"},"content":{"rendered":"\n
The scheme was designed to lower the cost of certain activities for families during the school summer holidays. According to HM Revenue and Customs (HMRC), the reduced rate applied to specified children\u2019s meals, children\u2019s tickets for cinemas, theatres, concerts, exhibitions and shows, as well as admission for customers of any age to a defined group of family attractions.<\/p>\n\n\n\n
From 2 September, supplies previously covered by the temporary measure return to their normal VAT treatment. HMRC states that the 5% rate applied from 25 June to 1 September 2026 inclusive, replacing the standard 20% VAT rate <\/strong>for qualifying transactions during that period.<\/p>\n\n\n\n For children\u2019s meals, the relief was restricted to food specifically marketed, presented and priced as a children\u2019s meal and served as part of catering services for consumption on the premises. Takeaway meals were excluded, as were smaller portions or cheaper versions of adult meals that were not presented as children\u2019s meals.<\/p>\n\n\n\n The rules also covered children\u2019s admission to cinema screenings, theatrical performances, shows, concerts and exhibitions. Where tickets were sold separately for adults and children, only the children\u2019s ticket received the reduced rate. A family ticket sold for a single price could qualify in full if it included at least one child admission.<\/p>\n\n\n\n