Skip to playerSkip to main content
  • 7 minutes ago
The government says the tax reduction will help support community venues, local jobs and high streets. More details on which businesses qualify are expected in the autumn Budget.
Transcript
00:00Business rates for pubs, clubs and many live music venues in England will be cut by 20% from April
00:07next year, under government plans announced today.
00:11Ministers say a typical pub could save around £1,100, helping protect jobs, high streets and places where communities meet.
00:19The changes will be funded through a review of some existing business tax reliefs and tougher action against online marketplace
00:26sellers who fail to meet tax obligations.
00:30The biggest live music venues are excluded for now, with full eligibility expected when the Chancellor delivers the autumn budget,
00:38alongside further details about how the scheme will operate for eligible businesses.
Comments

Recommended