£1.31bn in tax relief for creative industries

The creative industries received £1.31bn in tax relief in the year to March.

New data from HM Revenue and Customs shows theatres received £74m through the Theatre Tax Relief scheme, while orchestras clawed back £11m.

Theatre Tax Relief for 2020/21 covered 1,070 claims representing 3,660 productions. 72% of these were non-touring.

47% of claims were for £10,000 or less, compared to 6% of claims over £250,000 or more.

Orchestras Tax Relief was paid out for 175 claims representing 750 productions. 

Although the number of claims by orchestras increased from the previous year, the amount of relief fell by about £5m.