Creative sector reliefs are government Incentives to support cultural activities and include:
- Theatre Tax Relief (TTR): for the costs of developing, staging, and performing plays, opera, and ballet
- Museums & Galleries Exhibition Tax Relief (MGETR): for the costs of curating and presenting public displays
- Orchestra Tax Relief (OTR): for the costs of creating and performing orchestral, classical, and operatic music
The reliefs are claimed through a company’s corporation tax return and they either reduce the company’s tax liability or provide a cash repayment. The reliefs are available to charitable companies or their subsidiaries.
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CTG does not provide tax advice and so the information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future.
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