Music Venues: Business Rates
Commons · Question 39203 · Tabled 18 Mar 2025 · Treasury · Official record
Answered 26 Mar 2025
Question
Asked by Martin Wrigley
To ask the Chancellor of the Exchequer, if the Department will make an assessment of the potential impact of reducing Business Rate Relief from 75% to 40% on Grassroots Music Venues.
Answer
Answered by James Murray, 26 Mar 2025
As set out at Autumn Budget 2024, the Government intends to introduce permanently lower tax rates for retail, hospitality, and leisure (RHL) properties, including grassroots music venues, with rateable values below £500,000 from 2026-27. This permanent ta...