A post shared by AIF (@aif_uk)AIF CEO John Rostron said in a press release: “It’s with grave concern that we again sound the alarm to Government upon passing this critical milestone.
UK festivals are disappearing at a worrying rate, and we as a nation are witnessing the erosion of one of our most successful and unique cultural industry sectors.”He continued: “We have done the research: a reduction of VAT to 5% on festival tickets over the next three years is a conservative, targeted and temporary measure that would save almost all of the festival businesses that are likely to fall by the wayside this year and many more over the years to come.
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