No.
Your holiday pay should be the same as the pay you would normally earn if you were at work instead of being on holiday.
In particular, holiday pay should include all your regular overtime pay, as well as any other regular payments you get that are linked to work, such as travel time payments, shift or weekend premium payments and anti-social hours payments.
European Union law says that a worker must not be put off taking holiday because of concerns about losing pay. This is because the purpose of paid holiday under EU law is to protect workers’ health, safety and welfare.