March 2023 Budget – Extending the higher rates of Theatre Tax Relief and Orchestra Tax Relief
As announced in the Spring Budget 2023, the government will extend the current headline rates of relief for Theatre Tax Relief(TTR), Orchestra Tax Relief(OTR) and Museum and Galleries Exhibitions Tax Relief(MGETR) for two years. The rates for TTR and MGETR, which were due to taper to 30% (for non-touring productions) and 35% (for touring productions) on 1 April 2023, […]