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Written question asked by Jim Cunningham (Labour) on Wednesday, 31 January 2018, in the House of Commons. It was due for an answer on Monday, 5 February 2018 (named day). It was answered by Robert Jenrick (Conservative) on Monday, 5 February 2018 on behalf of the Treasury.


Arts: Tax Allowances

Question

To ask Mr Chancellor of the Exchequer, whether it remains his policy to provide creative industry tax relief schemes; and if he will make a statement.

Answer

The creative industries make a valuable cultural contribution to the UK, and they are also an important part of a dynamic and diversified economy. There are currently eight creative sector tax reliefs covering; film, animation, high-end TV, children’s TV, video games, theatre, orchestra and museums and galleries. The reliefs provide support to ensure that these highly skilled and innovative industries thrive in the UK. In 2016-17 the creative industry benefitted from over £700m worth of support from the creative sector tax reliefs. The government keeps all tax reliefs under review.


Secondary information

Type
Written question
Reference
125835
Session
2017-19
Transferred
Yes
Subjects
Arts Film Tax allowances
Link
View this Written question on www.parliament.uk