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HMRC internal manual

Theatre Tax Relief

Eligible expenditure: introduction

A Theatrical Production Company (TPC) that qualifies for Theatre Tax Relief (TTR) in respect of a theatrical production is entitled to claim an additional deduction in computing the profit or loss arising from the separate theatrical trade for the production.

The additional deduction is based on the amount of core expenditure that is EEA expenditure.

The computation itself is described at TPC55000. The first step is determining:

  • the amount of core expenditure, and
  • the extent to which that core expenditure relates to goods or services that are provided from within the European Economic Area (EEA) (TPC50050).