OTR60005 - Orchestra Tax Relief: eligible expenditure: introduction

An Orchestral Production Company (OPC) that qualifies for Orchestra Tax Relief (OTR) in respect of a concert or series of concerts is entitled to claim an additional deduction in computing the profit or loss arising from the separate orchestral trade for the production.

The additional deduction is based on the amount of core expenditure that is UK expenditure.

The computation itself is described at OPC65000. The first step is determining:

• the amount of core expenditure, and
• the extent to which that core expenditure relates to goods or services that are used or consumed in the United Kingdom (OTR60060)

Prior to 1 April 2024, European expenditure was used instead of UK expenditure. Please see OTR60050 and OTR60070 for details.