Potentially saving venues £25,000 a year The British government’s budget, announced today (March 11) by chancellor Rishi Sunak, contains good news for the UK’s small venues.
In order to help ease the economic impact of the ongoing coronavirus outbreak, Sunak said that businesses with a rateable value of below £51,000 will not pay any business rates for the next year.
Sunak claims that the change, which takes effect in April and will last for 12 months, will save businesses £25,000 each. “In our manifesto last year, the government promised to increase their business rates retail discount by 50 per cent, but we can go further,” the chancellor said. “We are taking the exceptional step of abolishing business rates altogether.” Business rates, a
Read more on nme.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.