Tax relief for theatre begins in September

Chancellor_of_the_Exchequer_George_Osborne Credit Foreign and Commonwealth Office

George Osborne hopes the tax scheme will revive and support regional theatre (Credit: Foreign and Commonwealth Office)

This month the government initiative providing tax relief for theatre comes into effect. Touring productions can apply for 25% relief, and non-touring performance a 20% tax credit.

A tour of Tom Stoppard’s Arcadia will be one of the first productions to benefit from the scheme; the tour, launching in January 2015, is a joint venture between English Touring Theatre and Theatre Royal Brighton Productions.

George Osborne, speaking ahead of the initiative’s launch at Theatre Royal Brighton, said of the tax scheme: ‘Regional productions have sadly been in decline for many years, and that’s come and gone regardless of the Arts Council budget, but I hope this [tax initiative] will revive regional theatre and revive touring productions so that we have the great success of the West End, which has probably never been more successful than it is today, but we also have great successes around the regions.’

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s