- MPs have said the 'agent of change' principle should be put on a statutory footing "at the earliest opportunity" as part of efforts to help support the UK's faltering grassroots music industry.
The House of Commons Committee's Seventh Report of Session 2023–24report, made a number of recommendations to the Government:
- that the Government launch a fan-led review of live and electronic music in the summer of 2024, to bring together all parts of the ecosystem and report within the next twelve months.
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that the Government should undertake and publish an assessment of the effectiveness of the voluntary levy on grassroots music venues no later than 12 months after its establishment.
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If a voluntary levy is unable to be agreed by September 2024, or if the assessment of the voluntary levy concludes it is not collecting the income required to support the GMV sector, the Government should introduce a statutory levy at the earliest subsequent opportunity.
- Government should introduce a temporary cut to VAT, based on venue capacity, to stimulate grassroots music activity and the wider economic benefits to local areas that grassroots music shows provide.
- that Government should ensure that any future fiscal policy decisions relating to grassroots music venues gives venues certainty and long-term security. If the Treasury intends to end business rates relief for GMVs, the reduction in relief should be tapered in order to avoid an immediate shock to the sector.
- that the Government and Arts Council work to reduce the administrative burden of applying for public funding.
- hat the agent of change principles are put on a statutory footing at the earliest opportunity.