New tax relief for UK theatres
Sep 2, 2014
The aim is to boost the support in the UK for our regional theatres and touring companies. About time too! The government has set out that touring productions can apply for 25% tax credits, non-touring productions are eligible for 20% tax credits on qualifying production costs. It would be fantastic if some of London’s west end magic can rub off on the rest of the UK. This announcement is expected to bring in £120 million for touring and commercial productions!