Lord Maclennan of Rogart: HMT: Written Answers (1)

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Written Question

Orchestras: Tax Allowances

Monday 2nd February 2015

Asked by: Lord Maclennan of Rogart (Liberal Democrat - Life peer)

Question to the HM Treasury:

To ask Her Majesty’s Government when the tax breaks to orchestras will be implemented; and what value they estimate the tax breaks will represent to orchestras.

Answered by Lord Deighton

At Autumn Statement 2014, the government announced it would introduce a new tax relief for orchestras from April 2016. The government launched a consultation on 23 January 2015 to help inform the design of the relief. The value of the relief will depend on the final design and more detail will be set out later this year.