Source · Select Committees · Culture, Media and Sport Committee
Recommendation 8
8
Rejected
Paragraph: 59
Introduce a temporary, capacity-based VAT cut for grassroots music venues to stimulate activity.
Recommendation
A targeted and temporary cut to VAT for grassroots music venues on tickets would help to improve the immediate risk-profile of live music for promoters and in-house programmers, who take on the financial risk, and help get more shows into venues. The Government should introduce a temporary cut to VAT, based on venue capacity, to stimulate grassroots music activity and the wider economic benefits to local areas that grassroots music shows provide.
Government response summary AI-generated
The government rejects the recommendation for a temporary VAT cut, citing economic and fiscal stability and the broad-based nature of VAT. It notes existing funding for the grassroots music sector.
Paragraph Reference:
59
Government Response
The government responded to this report on 14 November 2024. No passage in that response could be matched to this recommendation. Read the response document ↗