Orchestras: Tax Allowances
(asked on 11th February 2021) - View Source
Question to the HM Treasury:
To ask Her Majesty's Government what plans they have to extend eligibility for Orchestra Tax Relief to include work created for paying online audiences.
This question was answered on 25th February 2021
The Government keeps all tax reliefs under review, and regularly receives proposals for changes to tax reliefs. When considering proposed changes, HM Treasury must ensure they provide support to businesses across the economy in a fair way and represent good value for money for the taxpayer.
In 2019-20, the Government provided £18 million of support to 565 productions through the Orchestra Tax Relief.