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Trade bodies back #KeepVATat5


Trade bodies back #KeepVATat5
Find out more about getting involved at www.livemusic.biz/campaigns
UK - Leading trade associations have backed a campaign to keep UK’s VAT rate on ticket sales at 5% to aid the live events sector’s recovery.
Last July, the government temporarily slashed the VAT rate to 5% from the standard rate of 20% to support businesses severely affected by the pandemic. The cut currently applies until 31 March 2021.
#KeepVATat5, initiated by LIVE (Live music Industry Venues & Entertainment), aims to convince the Treasury to extend the VAT rate cut for the next three years and comes ahead of chancellor Rishi Sunak’s hotly-anticipated budget announcement on 3 March. ....

United Kingdom , Greg Parmley , Phil Bowdery , Annabella Coldrick , Mark Davyd , David Martin , Kevin Appleby , Dave Keighley , Tarquin Shaw Young , Paul Reed , Greg Marshall , Concert Promoters Association , Association Of Independent Festivals , Music Managers Forum , Music Venue , National Arenas Association , Industry Venues , Rishi Sunak , Independent Festivals , General Secretary , Shaw Young , ஒன்றுபட்டது கிஂக்டம் , டேவிட் மார்டின் , கெவின் ஆப்பிள் , டேவ் க்லீ , பால் நாணல் ,