Presented by Croner VAT expert Sarah Kay, the webinar on Tuesday 7 July will focus on how to implement the 5% VAT rate over the summer on specific attractions and children’s meal menus.

The government’s summer of VAT savings promotion runs from 25 June to 1 September. Targeted at children with families it applies the 5% rate of VAT to children’s meals and entry tickets to a range of attractions. This creates reporting complications and implementation challenges for businesses with the short-notice nature of the measure likely to impact day to day business operations.

In this webinar we will explain the scope of the relief, consider some of the practical considerations to take into account and review the options for suppliers who have questions over whether they qualify.

As well as HMRC’s guidance on this new VAT relief, we will look back at the temporary reduced rate introduced during the covid pandemic, lessons learned and the potential risk areas for disputes between taxpayers and HMRC.

This webinar will explore:

• When is a children’s meal reduced rated;
• Which tickets to shows etc. can be sold at the reduced rate;
• When admission to a family attraction is reduced rated;
• What does ‘admission’ mean in this context; and
• The time frame within which the relief applies and how to deal with prepayments.

Register for the webinar at 2pm on Tuesday 7 July.