Recording Studios: Business Rates
2026-05-28 · Treasury · 5052 · Official question
Question
To ask the Chancellor of the Exchequer, what assessment her Department has made of the potential impact of the exclusion of recording studios from the lower Retail, Hospitality and Leisure business rates multipliers on the recording studio sector.
Answer
The Government has introduced new permanently lower multipliers for eligible retail, hospitality and leisure (RHL) properties. These new multipliers are worth nearly £1 billion per year and benefit over 750,000 properties. Since these new multipliers were...