Written Question·Treasury·UIN 39203

Music Venues: Business Rates

Tabled: 18 March 2025
Answered: 26 March 2025

Question

Martin Wrigley

Liberal DemocratNewton Abbot

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

James Murray
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...

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