The Isle of Man will lower the VAT on children’s meals in restaurants and on family tickets to cinemas, theatres, shows and attractions from 20% to 5% between 25 June and 1 September. The change is part of a broader cost‑of‑living relief package that also includes a fuel duty freeze until 31 December and a reduction in red diesel duty from 15 June.
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BBC · about 7 hours ago
The Isle of Man will lower VAT on children’s meals and family entertainment tickets from 20% to 5% between 25 June and 1 September 2026, easing costs for families. The change also applies to cinema, theatre, show tickets and attraction admissions. Additionally, red diesel duty will be cut from 10.18p to 6.48p per litre from 15 June 2026.
Bloomberg Tax · 5 months ago
The Isle of Man Gazette published the VAT (Repayment Interest) Order 2025, amending the VAT Act 1996. The order clarifies that no repayment interest will be charged on VAT refunds issued within 30 days from the later of the return filing, claim submission, or assessment notification. The order took effect on 6 November 2025.
VatCalc · about 8 hours ago
Germany's Federal Ministry of Finance has issued a new guidance letter effective 1 April 2026 that narrows the scope of intra‑group VAT exemptions for Organschaft. The update expands situations where intra‑group transactions may trigger VAT, particularly for supplies linked to non‑economic activities, and allows taxpayers to use the old approach until 31 December 2026. Businesses must reassess charging models, input VAT recovery and ERP logic for German VAT groups.
VatCalc · about 23 hours ago
Spain's tax authority AEAT has outlined technical details for the upcoming Crea y Crece B2B e‑invoicing rollout, including a hybrid 5‑corner architecture and multi‑layer validation requirements. The order will enter force in October 2026, with the public platform live in August 2027 and mandatory e‑invoicing for high‑turnover firms from October 2027, expanding to all businesses by October 2028. Payment status reporting will extend to smaller entities in October 2029.
The Invoicing Hub · 1 day ago
Ireland is set to introduce a comprehensive e‑invoicing mandate in phases, with B2B reception mandatory from November 2028 and full ViDA compliance by July 2030. The mandate will rely on the Peppol network, using Peppol BIS 3.0 for B2B and Peppol BIS/PINT‑EU 4.0 for cross‑border e‑reporting. Revenue will issue detailed guidance ahead of each phase.
Greater Birmingham Chambers of Commerce · 4 days ago
The UK Chancellor announced temporary VAT cuts from 20% to 5% on family attractions during school holidays, effective from the end of June to 1 September 2026. Additional measures include free bus journeys for under‑16s in England in August, a 12‑month HGV road tax holiday, and a one‑third reduction in red diesel duty until the end of 2026. Business leaders argue the cuts are insufficient to support hospitality and other sectors.
Key Takeaways
From 25 June to 1 September, the VAT rate on children’s meals in restaurants is reduced from 20% to 5%.
Family tickets to cinemas, theatres, shows and attractions will also see VAT lowered from 20% to 5% between 25 June and 1 September.
The duty on red diesel will drop from 10.18p to 6.48p per litre from 15 June.
Fuel duty remains frozen until 31 December.
Primary source
Read the full article at BBCThis summary was published on VATfaqs.com on 27 May 2026. It relates to VAT developments in Isle of Man. The original source is BBC.
