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Music: Non-domestic Rates

Question for Treasury

UIN 32272, tabled on 19 March 2020

To ask the Chancellor of the Exchequer, if he will extend business rate relief to the music industry including (a) festivals, (b) promoters and (c) agents.

Answered on

25 March 2020

The Government has set out a package of measures to support businesses through this period of disruption caused by COVID-19, including those businesses not eligible for the small business rate relief or the relief for retail, hospitality and leisure businesses.

This support for business includes the Coronavirus Business Interruption Loan scheme for small and medium-sized businesses, a statutory sick pay relief package, the HMRC Time To Pay Scheme, the Coronavirus Job Retention Scheme to help firms continue to keep people in employment, and a new lending facility from the Bank of England for larger firms.

These measures provide a comprehensive, coordinated and coherent response to what is a serious and evolving economic situation. As the wider economic picture becomes clearer, the Government will do whatever it takes to get the nation through the impacts of COVID-19 and the Government stands ready to announce further action wherever necessary.

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