Member

It is also worth noting that the UK’s approach to premises taxation compares poorly with our European neighbours’. The average premises taxes for grass-roots music venues across the 27 EU nations amount to 0.9% of turnover, ranging between 0% and 1.4%. In the UK, following the latest revaluations, the figure currently stands at 2.93%, almost three times the European average. When combined with VAT differences on tickets, UK venues pay approximately three times what their European counterparts pay in pre-profit taxation. This is not a level playing field. Modest, targeted relief for those sectors would be proportionate and justified for several reasons.