22/06/2026
Ready for the Great British Summer Savings scheme?
Starting this Thursday, 25th June, VAT is dropping from 20% to 5% on select hospitality, leisure and family activities .
While this is good news for consumers and an opportunity for businesses to attract trade, this temporary change may be challenging to navigate.
The entire scheme lasts for just 69 days. That means you have a incredibly tight window to update your systems, adjust your pricing, manage your invoices correctly, and then switch it all back.
To help you navigate this temporary regime smoothly, we’ve broken down exactly what qualifies, how to adjust your accounting software, and what you need to do before the launch date.
Read our full guide here https://www.optps.co.uk/vat-drop-for-summer-2026/