Orchestras: Tax Allowances
Commons · Question 29164 · Tabled 5 Feb 2025 · Treasury · Official record
Answered 25 Feb 2025
Question
Asked by Jess Brown-Fuller
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of changes to orchestral tax relief for International work on the orchestral sector's ability to deliver loss-making activities in the UK.
Answer
Answered by James Murray, 25 Feb 2025
The UK provides world-leading support for orchestras: at Autumn Budget 2024, the Government confirmed that from 1 April 2025, the rate of Orchestra Tax Relief (OTR) will be set at the generous rate of 45%. From April 2024, qualifying expenditure is expend...