Skip to main content

Written question asked by Valerie Vaz (Labour) on Monday, 22 November 2021, in the House of Commons. It was due for an answer on Thursday, 25 November 2021 (named day). It was answered by Lucy Frazer (Conservative) on Thursday, 25 November 2021 on behalf of the Treasury.


Music: Production

Question

To ask the Chancellor of the Exchequer, if he will make a further assessment of the potential merits of a tax incentive to encourage music production in the UK.

Answer

The Government keeps all tax policy under review and regularly receives proposals for sector-specific tax reliefs. When considering a new tax relief, the Government must ensure it supports businesses in a fair way and that taxpayer money is effectively targeted. A tax relief to encourage music production is not currently under consideration.


Secondary information

Type
Written question
Reference
79361
Session
2021-22
Subjects
Production Music Taxation
Link
View this Written question on www.parliament.uk