# U.K. Music Industry Praises Government’s Tax Relief for Venues, But Wants It to ‘Go Further’ With Extra Support

- URL: https://talkfuse.com/story/u-k-music-industry-praises-governments-tax-relief-for-venues-but-wants-it-to-go-further-with-extra-support/
- Published: 2026-10-28T17:04:03+00:00
- Updated: 2026-11-04T04:23:15+00:00
- Original publisher: Billboard
- Original article: https://www.billboard.com/pro/uk-music-industry-autumn-budget-statement/
- Topics: Business, Economy, Entertainment, Government, Music, Politics

## Key points

- Venue rate relief rises to 35% for properties valued below £1 million.
- Businesses below £18,000 rateable value will pay no business rates.
- Music groups want recording studios included in further support.

## Summary

The U.K. music industry has welcomed increased business-rate relief for pubs, clubs and music venues in the government’s Autumn Budget, while urging ministers to extend support further. Industry representatives say the change could ease pressure on grassroots venues that support jobs, audiences and emerging artists, but warn that high operating costs and narrow margins remain.

Chancellor John Healey raised the planned rate reduction from 20% to 35% for venues with a rateable value below £1 million. Businesses valued below £18,000 will pay no business rates; the government says this covers 70,000 retail, hospitality and leisure businesses. Music industry groups also want relief for recording studios, pointing to a recorded music sector worth £1.57 billion and temporary 40% relief available to film studios.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.