OTR80010 - Orchestra Tax Relief: not-for-profit organisations: introduction
Orchestra Tax Relief (OTR) is intended only for Orchestral Production Companies (OPCs) that are within the charge to corporation tax. The targets of the relief are the companies that actually produce concerts.
It is intended that OTR applies to all qualifying OPCs and qualifying concerts whether the OPC is a commercial entity or in the not-for-profit sector.
Not-for-profit organisations that may qualify for OTR include charitable companies and community interest companies. Trusts and unincorporated associations do not.
This guidance is not intended to replace the HMRC guidance for charities or Value Added Tax (VAT). OPCs should refer to the appropriate HMRC guidance where necessary and also consult their professional advisors before determining what organisational structure best suits their circumstances.