Gypo is the story of a working class family in Margate, Kent, a town where immigrants have become the focus of most of the public's discontent. The film tells the story of the a couple of weeks in this family's life, beginning when a young Czech girl, Tash, comes to visit. The film is made in the Dogme95 tradition, so no costumes, no lighting, no props or sets, which gives the film a gritty texture appropriate to the story.

Television show host Brett and his laid-back science journalist girlfriend Tash despair that they will ever truly understand each other. On their first anniversary, under a full moon, a frustrated Tash declares her wish that they could swap lives. The next morning, Brett and Tash awaken to find Tash's wish has come true. Forced to confront the unfamiliar sensations of their "new" bodies, both must navigate strange new experiences with friends and co-workers.

Haunted by his involvement in a suicide, train driver Sion struggles to comprehend the consequences somebody else's decision could have on his own life.