MPs propose a new concert ticket levy and temporary VAT cut to support struggling local music venues.

MPs recommend a new ticket levy on arena and stadium concerts to support struggling local music venues, and call for a temporary cut in VAT. The Culture, Media and Sport Committee's report suggests this as a way to help grassroots venues, following the Music Venue Trust's statement that the sector has been facing a "battering". The Committee also recommends a comprehensive review of live and electronic music to address long-term challenges in the live music ecosystem.

May 10, 2024
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