B

Baroness Keeley (Lab)

Speaking in the House of Lords on 15 October 2024

Debate

Tax Reliefs: Theatre, Orchestra and Museums and Galleries Exhibition

Contribution

My Lords, on the benefits of the orchestra tax relief, the permanent 45% rate has been transformative. It enables UK orchestras to build new audiences, support new productions, generate employment and develop future talent. The cost of the orchestra tax relief was only 1.5% of the total creative tax reliefs in 2022-23. Does my noble friend the Minister agree that keeping this tax relief is consistent with the Labour Government’s mission for economic growth?

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