Events Industry: Non-domestic Rates

(asked on 28th August 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if his Department will make an assessment of the potential merits of extending business rates relief to the events sector.


Answered by
Jesse Norman Portrait
Jesse Norman
This question was answered on 8th September 2020

The Government has provided enhanced support through business rates relief to businesses occupying properties used for retail, hospitality and leisure.

A range of other measures to support all businesses, including events companies, has also been made available. On 8 July the Chancellor set out a package of measures to support jobs across the UK, including a Job Retention Bonus to help firms keep furloughed workers and a new £2 billion Kickstart Scheme to create hundreds of thousands of new, fully subsidised jobs for young people. The Chancellor has also announced a cut in VAT to 5% for accommodation, attractions and the hospitality sector.

Reticulating Splines