Children's Play: VAT
Commons · Question 27604 · Tabled 30 Jan 2025 · Treasury · Official record
Answered 6 Feb 2025
Question
Asked by Alicia Kearns
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of giving a VAT exemption on admissions fees for children under 12 for the indoor play sector.
Answer
Answered by James Murray, 6 Feb 2025
VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. Tax breaks reduce the revenue available for vital public services and must represent value for money for the taxpayer. One of the key considerat...