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Music Venues: Business Rates

Question for Treasury

UIN HL4945, tabled on 14 December 2021

To ask Her Majesty's Government what plans they have to provide 100 per cent business rate relief to the end of 2022/23 for all music venues, given the COVID-19 Plan B restrictions.

Answered on

20 December 2021

Our support for the music industry through the £2 billion Culture Recovery Fund throughout the pandemic has been unwavering.

The Government has provided unprecedented business rates support, worth £16 billion, for the retail, hospitality, and leisure sectors since the start of the pandemic. Eligible retail, hospitality, and leisure properties paid no business rates for 15 months from 1 April 2020, and thanks to the current 66 per cent capped relief which took effect on 1 July 2021, over 90 per cent of eligible businesses will see a 75 per cent reduction in their business rates bill across this entire financial year to April 2022.

In recognition of longer-term challenges facing the high street, eligible retail, hospitality, and leisure businesses will receive a new temporary relief worth almost £1.7 billion in the year 2022-23.

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