Written Question·Treasury·UIN 9242
Orchestras: Tax Allowances
Tabled: 15 October 2024
Answered: 23 October 2024
Question
Liz Jarvis
Liberal Democrat — Eastleigh
To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of including voice as an eligible instrument for the purposes of Orchestra Tax Relief.
Answer
James MurrayThe creative industries play a key role in driving economic growth, and the Government is committed to supporting them. Orchestra Tax Relief (OTR) provides tax relief at a rate of 50% on production costs. To qualify for the relief, a concert must be perfo...
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