- Pubs, clubs and live music venues set to receive a 20% cut to their business rates bills saving the typical pub an estimated £1,100 next year
- Measures to support the backbone of local high streets, including through reviewing reliefs provided to anti-social businesses, such as vape shops
- Forms part of a series of measures to cut costs for working people and communities, including electricity bill VAT relief and £2 bus fare cap
Amanda Hack, Member of Parliament for North West Leicestershire, has welcomed the Government’s announcement of a 20% cut in business rates for eligible pubs, clubs and live music venues from April 2027, describing it as an important step in supporting the local hospitality sector.
The changes are expected to reduce costs for venues across North West Leicestershire, helping businesses that continue to face rising operating costs while playing a vital role in local communities.
Our pubs, clubs and live music venues are at the heart of communities across North West Leicestershire. - Amanda Hack MP
Amanda Hack MP said:
“Our pubs, clubs and live music venues are at the heart of communities across North West Leicestershire. They create jobs, support our local economy and provide places for people to come together.
Since being elected, I’ve been meeting regularly with hospitality businesses across North West Leicestershire to hear first-hand about the challenges they’re facing. Business rates, rising costs and the pressures on the sector have been recurring themes in those conversations, and I’ve been feeding those concerns back to Treasury colleagues on a case-by-case basis to ensure local voices are being heard.
I’m pleased to see this support announced. While I know there is more work to do, this is a welcome step that will provide meaningful help for many of our local pubs, clubs and live music venues.”
Today’s changes will be fully funded, including through reviewing reliefs for businesses that do not make a positive contribution to local communities, such as vape shops.
The Government will also crack down on businesses that sell through online marketplaces but do not comply with their tax obligations, putting them at an unfair advantage over businesses that play by the rules.
A consultation is open on measures to make online marketplaces more responsible for preventing non-compliant sellers from avoiding their tax obligations and further detail will be set out in due course. Revenue raised from these reforms will be reinvested in improvements to the business rates system.