Written Question·Treasury·UIN 15063
Children's Play: VAT
Tabled: 19 November 2024
Answered: 27 November 2024
Question
Josh Newbury
Labour — Cannock Chase
To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of zero-rating Value Added Tax on admission fees for indoor play facilities.
Answer
James MurrayVAT 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...
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