UK THEATRE TAX RELIEF

Theatre Tax Relief (TTR)

TTR is available from 1 September 2014.

Your company will be entitled to claim TTR if:

  • it is a Theatrical Production Company
  • it is a Qualifying theatrical production
  • it has a minimum 25% EEA expenditure
  • there is no need for a Cultural Test
  • it has 2 rates of payable credit, 25% for touring productions, and 20% for others

Detailed guidance will be available in Spring 2015.

https://www.gov.uk/corporation-tax-creative-industry-tax-reliefs#theatre-tax-relief-ttr

http://www.itc-arts.org/resources/finance-and-planning/theatre-tax-relief-update

Category : Tax, Theatre
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