“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.”
