Consultation outcome

Theatre tax relief

This consultation has concluded

Download the full outcome

Detail of outcome

This document summarises responses to the consultation on theatre tax relief.

Original consultation

This consultation ran from 27 March 2014 1:30pm to
8 May 2014 11:45pm

Summary

This consultation sets out details of the proposed corporation tax relief for theatre production, and seeks views on the design of the relief.

Documents

Consultation description

Background

The Chancellor announced at Autumn Statement 2013 that the government will introduce a new tax relief for theatre productions. The UK is home to exciting and innovative theatre companies producing ground breaking productions and this new relief will recognise the unique cultural value that the theatre sector brings to the whole of the UK.

At Budget 2014 the Chancellor set out that this relief will support plays, musicals, opera, ballet and dance and will offer two rates; 25% for touring productions and 20% for other theatre productions. This new relief will be available from September 2014.

The consultation

The government is grateful for the significant level of engagement with the sector since the Autumn Statement announcement, which has helped to develop the proposal now being consulted on. This formal consultation sets out details of the proposed corporation tax relief for theatre production, and seeks views on the design of the relief.

Who should read this

Views are invited from a wide range of respondents including individuals, companies, and representative and professional bodies. The government especially invites comments from theatre production companies and those working directly in the performing arts sector. The government will take all responses into account before confirming the final policy design.