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.