Music: Production

(asked on 22nd November 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make a further assessment of the potential merits of a tax incentive to encourage music production in the UK.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 25th November 2021

The Government keeps all tax policy under review and regularly receives proposals for sector-specific tax reliefs. When considering a new tax relief, the Government must ensure it supports businesses in a fair way and that taxpayer money is effectively targeted. A tax relief to encourage music production is not currently under consideration.

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