UK Music chief executive Jamie Njoku-Goodwin has said he will keep the pressure on the UK Government over the proposed VAT rise on tickets in April, after Chancellor Rishi Sunak (pictured) failed to abandon the plans during his spring budget. The Government is set to raise the VAT on ticketing from 12.5% to 20% from …
Calls grow to ditch impending VAT hike on concert tickets
UK Music chief executive Jamie Njoku-Goodwin has written to UK Chancellor Rishi Sunak to reconsider an impending VAT hike on concert tickets. The Chancellor is set to outline a mini-Budget for the country on March 23 in his Spring Statement. The VAT rise is set to come into force from April 1. Currently, the VAT …