UK Government Hopes Tax Relief Will Revitalize Touring Theatre

“The major new tax relief scheme was confirmed by the government earlier this year and means that from Monday, touring shows can apply for 25% relief and non touring productions will be eligible for a 20% tax credit on qualifying production costs. It will apply to plays, musicals, opera, ballet, dance and circus shows and is expected to bring in up to £120 million for touring and commercial productions in future years. It is expected to benefit around 250 production companies a year.”