Cultural Relief Rate Rises for 皇冠体育appatre, Orchestra, and Museums and Galleries Exhibition Tax reliefs
This tax information and impact note sets out the temporary increase the headline rates of relief for the cultural reliefs.
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This measure temporarily increases the headline rates of relief for the 皇冠体育appatre Tax Relief (TTR), Orchestra Tax Relief (OTR), and Museums and Galleries Exhibition Tax Relief (MGETR) for expenditure on new productions commencing from 27 October 2021, gradually being reduced down to normal rates by 1 April 2024.