The city council has approved plans to give night-time businesses across Nottingham a lifeline and scrap a levy on those which serve alcohol after midnight. The 'Late Night Levy' currently means venues must pay to remain open and trade in the city after midnight, having first been introduced back in 2014.
The charges differ depending on the size of a venue, with Band A venues being charged £299 a year, while Band E venues are charged £1,495. There are an additional two venues in 'Band E plus', the largest of venues, which are charged £4,440 annually. However, the levy is now set to be scrapped from October 31, after a full Nottingham City Council meeting which takes place next month.
The levy was first introduced by the council in 2014 to try to help offset the cost of policing the so-called 'night-time economy'. Upon implementation in 2014, however, the Business Improvement District (BID) was provided with an exemption, meaning that all licenced premises covered by the BID area would not have to pay the levy. £133,851 was generated between November 2020 and October 2021 through the levy.
