Theatre Tax Relief

Debate between Baroness Penn and Lord Bassam of Brighton

Thursday 9th March 2023 Lords Chamber

[Lord Bassam of Brighton]

To ask His Majesty’s Government what plans they have to maintain Theatre Tax Relief at the higher rate of 45 per cent/50 per cent for the next three years; and what assessment they have made on the impact of that relief in facilitating growth and investment in the sector.

[The Parliamentary Secretary, HM Treasury (Baroness Penn) (Con)]

My Lords, at the Autumn Budget 2021, the Government temporarily increased the headline rates of theatre tax relief to 45% and 50% in recognition of the impact of the Covid-19 pandemic on the sector. The Government acknowledge the concerns of the industry about the upcoming taper of the rates in April, and we will keep this matter under review.

[Lord Bassam of Brighton (Lab)]

My Lords, when I tabled this Question, I hoped that I would be helping the noble Lord, Lord Parkinson, in his annual debate with the Treasury over tax levels. The theatre tax sector generates nearly £2 billion extra value added to local economies. Does the Minister agree that reducing theatre tax relief at this stage would be premature and harm the sector’s recovery? What other forms of support does she envisage providing, given that audiences to theatres have recovered to only 73% of pre-Covid levels?

[Baroness Penn (Con)]

My Lords, I should remind noble Lords that the level of tax relief will remain enhanced from April at an elevated rate of 30% or 35%. I know that my noble friend Lord Parkinson and the Secretary of State have been engaging with the sector carefully to hear about its ongoing challenges and, as the noble Lord has said, they have fed that back across Whitehall and to the Treasury.

Chelsea Football Club

Debate between Baroness Penn and Lord Bassam of Brighton

Thursday 31st March 2022 Lords Chamber

[Baroness Penn (Con)]

Of course, there is already a process in place for the Premier League to judge a fit and proper person. We cannot judge whether a different test would have prevented the sale of Chelsea to Roman Abramovich in the first place or would constrain a future sale in any way. The fan-led review is about future-proofing the system. That is why we are considering how to enhance the owners and directors test to ensure football has only suitable custodians and directors.

[Lord Bassam of Brighton (Lab)]

My Lords, it seems to be the case that the Government have effectively nationalised Chelsea Football Club—an interesting example of state intervention, I might add. The sale of Chelsea will obviously have to go ahead sooner rather than later if the club is to avoid running into cash-flow issues and facing the penalties associated with entering administration. The value of the club is such that it is likely to be purchased by a consortium of investors rather than any one individual such as Abramovich. What assessment has the department made of the likely timescales needed to complete due diligence and for the footballing authorities to carry out their fit and proper person tests for owners and directors? This could take some time, and I am concerned that the club will suffer as a consequence.

[Baroness Penn (Con)]

My Lords, I have heard reference to Chelsea as DCMS FC, but I should be clear that financial sanctions do not change the ownership of the frozen assets. The Government would like to see the club sold to an appropriate owner before the end of the season, but we do not want to prejudge that process; that is for Chelsea to undertake. I understand that the initial bidding round has now closed and the Government expect to hear soon regarding Chelsea’s preferred bids.

Special Educational Needs

Debate between Baroness Penn and Lord Bassam of Brighton

Thursday 26th November 2020 Lords Chamber

[Baroness Penn (Con)]

My Lords, one of the things that the SEND review wishes to address is the differing experience across the country. It is looking at ways to ensure that people receive consistently high-quality services across the country, regardless of where they live.

[Lord Bassam of Brighton (Lab) [V]]

[Inaudible] Labour has managed to identify that £300 million will be spent in 2021-22 on children with special educational needs and disabilities. Can the Minister confirm that this is all new money and advise the House as to how many new places that will support? How will the Government ensure that we have an integrated strategy across the education, health and care sectors and what further thought have they given to ensuring that poorer-performing authorities level up so that young people with special educational needs and disabilities have fair access to services, regardless of their postcode?

[Baroness Penn (Con)]

My Lords, I am afraid that I missed the beginning of the noble Lord’s question, but I believe he may have been referring to the £300 million that we are investing in capital projects to support the creation of new high-needs places and improve existing provision across a range of settings, including mainstream and special schools. On support for local authorities that may be struggling with the delivery of their support services, we have started a programme of visits by Ofsted and the CQC, working with local areas to understand the experiences of children and young people with SEND and their families during the pandemic and to make recommendations for improvements.