has written to the Chancellor ahead of the mini-Budget in a bid to get the tax hike scrapped.“The planned hike in VAT could not come at a worse time for millions of music fans and the live music industry, which was shut down for almost two years due to the pandemic,” he wrote.“Pushing up VAT to 20 per cent would be hugely damaging for the music industry and leave music fans facing a cost of gigging crisis.
The rise would come at a time when we are rebuilding post-COVID-19, with hundreds of concerts planned over the next few months.”He continued, addressing Sunak: “We would urge the Chancellor to give people who already face rising prices and grim headlines every day a little lift by ditching the ticket tax and abandoning the VAT hike.
Read more on nme.com
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