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1041287
registered interest false more like this
date less than 2019-01-14more like thismore than 2019-01-14
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Music Venues: Non-domestic Rates more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment he has made of the effect of trends in the level of business rates on the financial viability of small music venues. more like this
tabling member constituency West Bromwich East more like this
tabling member printed
Tom Watson more like this
uin 208216 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-01-17more like thismore than 2019-01-17
answer text <p>HM Treasury Ministers and officials are in regular contact with their counterparts in other government departments on a range of issues, including business rates.</p><p> </p><p>Since Budget 2016, we have announced cuts worth more than £13bn to businesses over the next five years, including switching to CPI indexation, and making Small Business Rate Relief more generous so that 655,000 of the smallest businesses pay no rates at all. The government also introduced a £3.6bn transitional relief scheme to support ratepayers facing bill increases as a result of the 2017 property revaluation.</p><p> </p><p> </p><p>Budget 2018 announced a new business rates retail discount, cutting bills by a third for eligible businesses. As is set out in guidance, music venues may be eligible for the discount where they are broadly similar in nature to those properties listed as eligible. It is for local authorities to make that judgement.</p> more like this
answering member constituency Central Devon more like this
answering member printed Mel Stride more like this
grouped question UIN 208217 more like this
question first answered
remove filter
answering member
3935
label Biography information for Mel Stride more like this
tabling member
1463
label Biography information for Lord Watson of Wyre Forest more like this