UK music venues must and will close if tax relief expires charity says
Britain’s smaller music venues will collapse if a business tax relief measure is taken away next year, a charity representing the sector has warned the Chancellor. The Music Venue Trust (MVT) published an open letter to Jeremy Hunt urging him to extend the existing business rates relief for the retail, hospitality, and leisure sector next year. The measure means that eligible businesses in the sector can get 75% off their tax bill, capped at £110,000 per […]