No business rates relief for UK grassroots venues
"They should turn off the music – or close down" is the message from government, says MVT, after HM Treasury confirmed venues are ineligible for a rates discount
News By | 7 January 2019
In a further blow to Britain’s embattled grassroots venue sector, Her Majesty’s Treasury has confirmed that music venues – unlike clubs and restaurants – are not able to apply for a discount on their business rates.
In October, chancellor of the exchequer Philip Hammond announced a £900 million package of rates relief for around half a million small retailers, including bars, pubs, restaurants and retail shops.
At the time, there was hope that the discount on business rates – levied on…
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