Nightclubs: Closures
The question
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 19 December 2024 to Question 18963 on Nightclub: closures, what assessment he has made of the potential impact of the increases in (a) business rates from the reduction in rate relief and (b) National Insurance contributions for employers on the economic viability of nightclubs.
Answered by Gareth Thomas
An assessment of the changes to Employers' National Insurance has been published by HMRC in their Tax Information and Impact Note, including impacts on the exchequer, the economy, individuals, households and families, equalities, and businesses including civil society organisations, alongside details on monitoring and evaluation.
The Government is creating a fairer business rate system, reducing alcohol duty on qualifying draught products and transforming the apprenticeship levy to support business and boost opportunities. This work will be supported by the publication of The Small Business Strategy Command Paper which will be published later this year. Through the Hospitality Sector Council, we are addressing strategic issues for the sector related to high street regeneration, skills, sustainability, and productivity.
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