Photo: Corey Seeman (CC BY-NC-SA 2.0)
Orchestra tax relief scheme under consultation
Following the introduction of tax relief for theatre productions, the Government is planning to introduce a similar scheme for orchestras.
Government proposals for the introduction of a new tax relief for orchestras, announced in the last budget, have been released for consultation. This new relief will be based on the models used to support the film industry and theatre productions, but adapted in key areas to reflect the specific needs of orchestras. Those working in the orchestral sector are hoping that that the new relief will prove as successful as the film tax relief, which last year was applied to over 320 films being made in the UK, and since relief was introduced in 2007, has supported more than 1,200 film productions with claims of £1.3bn.
If the current proposals are introduced, tax relief will be available for the creative and production costs of live orchestral performances, but not for day-to-day running costs; and a higher rate of credit will be granted to performances that are part of a tour, to encourage orchestras to play for a wide range of audiences. The consultation is asking for views on the definition of an orchestral performance – one that is “broad enough to capture the range and diversity of orchestral performances, including those by symphony, chamber and youth orchestras” and supports “orchestras performing modern and innovative, as well as more traditional, musical pieces”.
Views are invited from individuals, companies, and representative and professional bodies, but are especially welcomed from orchestras and those working directly in the orchestral sector. The consultation closes on 5 March.
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