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The 100% Club: London venue gets full biz rates relief

Historic London venue the 100 Club has received 100% business rates relief, in what owner Jeff Horton calls a “game-changing approach” to grassroots venue support

By Anna Grace on 29 Jan 2020

The 100 Club: London venue gets full biz rates relief

The 100 Club is granted 100% business rates relief


Iconic London music venue the 100 Club has become the first venue in the country to receive full business rates relief, under a new scheme to protect grassroots venues, put forward by Westminster City Council.

The 100% relief from business rates – the tax levied on non-residential property in the UK – will save the 100 Club over £70,000 a year, according to charity the Music Venue Trust, after the measures come into place on 1 April 2020.

The move helps to secure the future of the venue, which has hosted the likes of the Rolling Stones, Oasis, the Sex Pistols and Louis Armstrong since opening in 1942.

The 100 Club has been on the brink of closure at least three times in the past decade, saved by efforts from Westminster Council, Paul McCartney, Converse, Fred Perry and MVT.

Under the plans, music venues in Westminster are eligible for full relief if they are primarily a grassroots music venue and appear on the Greater London Authority’s register as such; the organisation running the venue is not for profit; and the venue is the borough of Westminster, preferably in the area of Soho.

“This is a game-changing approach from a local authority in supporting grassroots music venues”

The news comes as the UK live music industry celebrates the government’s decision to cut business rates in half for all eligible small- and mid-sized grassroots venues, announced earlier this week. Venues had previously remained exempt from the rates relief granted to other small retailers, such as bars and restaurants.

“I’m thrilled the 100 Club has been granted this new business rates relief. It means we can continue to support the careers of the hundreds of artists who take to our stage each year,” comments venue owner Jeff Horton.

“This is a game-changing approach from a local authority in supporting grassroots music venues. I hope that other local authorities will adopt a similar forward thinking approach to support the music industry.”

“Grassroots music venues play a key role in London’s thriving nightlife,” says London’s night czar Amy Lamé. “That is why we’ve worked closely with The 100 Club and Westminster City Council to secure its future.”

The night czar, who was appointed in 2016 to protect London’s nightlife, adds that the news serves “as a great example of what can be done to support venues in our city.”

 


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