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Written question asked by Liz Jarvis (Liberal Democrat) on Tuesday, 15 October 2024, in the House of Commons. It was due for an answer on Thursday, 17 October 2024. It was answered by James Murray (Labour) on Wednesday, 23 October 2024 on behalf of the Treasury.

Orchestras: Tax Allowances

Question

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of including voice as an eligible instrument for the purposes of Orchestra Tax Relief.

Answer

The creative industries play a key role in driving economic growth, and the Government is committed to supporting them.

Orchestra Tax Relief (OTR) provides tax relief at a rate of 50% on production costs. To qualify for the relief, a concert must be performed by a group of at least 12 instrumentalists. The voice is not considered to be an instrument. However, orchestra concerts with a vocal element are not excluded from the relief. Concerts with a vocal element may be eligible provided that the instrumentalists are the primary focus.

These rules help ensure OTR fulfils its objective of supporting and incentivising orchestra concerts specifically. The Government keeps the tax system under review and any changes will be announced at a fiscal event.

Secondary information

Type
Written question
Reference
9242
Session
2024-26
Subjects
Orchestras Tax allowances
Link
View this Written question on www.parliament.uk