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Government confirms VAT cut for UK concerts after coronavirus
MusicWeek now reports that concerts will now benefit from the VAT cut.However, it is currently unclear whether advance ticket sales for gigs beyond the January 12 cut-off for the reduction will still qualify.Pleased to confirm VAT cut from 20% to 5% for “attractions” announced by @RishiSunak includesShows, Theatres, Circuses, Fairs, Amusement Parks, Concerts, Museums, Zoos, Cinemas & ExhibitionsWe will announce further steps on path to reopening shortly@EquityUK #PlanForJobs pic.twitter.com/V04WNPMXQM— Oliver Dowden (@OliverDowden) July 8, 2020It’s also yet to be confirmed whether festivals will qualify for the VAT cut too. Reacting to Sunak’s statement before the clarification on concerts, UK Music acting CEO Tom Kiehl said: “The music