In the Spring Budget, the Chancellor announced that a permanent extension will be made to tax relief for theatres, orchestras, museums and galleries. The government is also providing £26 million of funding to upgrade the National Theatre’s stages and infrastructure.
Permanent higher rates of tax relief
From 1 April 2025, the rates of Theatre Tax Relief (TTR), Orchestra Tax Relief (OTR) and Museums and Galleries Exhibitions Tax Relief will be permanently set at 40% (for non-touring productions) and 45% for touring and orchestral productions. The aim of this is to strengthen the UK’s cultural sector.
Find out more about Creative Tax Relief and Theatre Tax Relief services.
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