Back to contents

Updates: Theatre Tax Relief

2024

11 October 2024 published amendments

Qualifying productions: theatrical production

Adding guidance around new audience objective condition, and adding more detailed guidance concerning telling stories and playing roles.

3 October 2024 published amendments

Overview and general definitions: state aid and the EU context

Page TTR10600 archived as State Aid guidance no longer applies. A copy can be found in the National Archives if required.

Overview and general definitions: contents

Removed archived page TTR10600

Qualifying productions: State aid

Page TTR40050 archived as State Aid guidance no longer applies. A copy can be found in the National Archives if required.

Qualifying productions: contents

Removed archived page TTR40050

2 October 2024 published amendments

Claims: contents

Adding new pages to contents

Calculation: contents

Adding new page TTR55015

Eligible expenditure: contents

Adding new UK expenditure pages

Qualifying productions: contents

Adding new transition rules page

Overview and general definitions: contents

Adding new subsidy control page

Overview and general definitions: Temporary uplift and new permanent rates

Adding new permanent rates, changing title to include them and updating example

Overview and general definitions: meaning of 'UK expenditure' and 'European expenditure'

Adding UK expenditure and flagging guidance for transition rules. Changing title to also include UK expenditure

Qualifying productions: minimum expenditure condition

Adding UK expenditure and flagging the transition from European expenditure. Changed title, linked to further guidance

Eligible expenditure: leading actors

Changing European expenditure to UK expenditure and adding text to flag the change

Eligible expenditure: apportionments: just and reasonable

Changing European expenditure to UK expenditure, flagging the change and updating the example

Eligible expenditure: European expenditure: services

Flagging change to UK expenditure

Eligible expenditure: European expenditure

Flagging change to UK expenditure

Eligible expenditure: distinguishing 'development' and 'running' from other phases

Added extra text to 4th paragraph clarifying which development costs may be considered core costs

Calculation: surrenderable losses and Theatre Tax Credit – example – multi-period production

Updating example to use UK expenditure and new TTR rates

Calculation: surrenderable losses and Theatre Tax Credit – example - single-period production

Updating example to use UK expenditure and new TTR rates

Calculation: surrenderable losses and Theatre Tax Credit

Adding new permanent rates and pointing to extra guidance

Calculation: additional deduction – multi-period production

Updating example to use UK expenditure, flagging previous use of European expenditure

Calculation: touring productions

Adding new permanent rate and pointing to extra guidance

Calculation: rates of relief

Adding new permanent rates from April 2025 and updating examples

Calculation: maximum amount of core expenditure subject to claim

Changing European expenditure to UK expenditure and adding text to flag the change

Calculation: introduction

Changing European expenditure to UK expenditure, flagging the changes, adding rule about companies in administration or liquidation

Claims: payment of Theatre Tax Credit

Adding administration or liquidation rule to upper section

Claims: amending returns

Changing European expenditure to UK expenditure and flagging the change, adding line on additional information form

Claims: time limits

Adding new time limits in

Claims: additional information form - overview

Adding additional information form section, changing title to reflect new content. Specific data items removed from later sections have been moved into subsequent manual pages about the additional info form

Claims: how relief is claimed

Flagging new additional information form, updating CT600 box names, updating example to use UK expenditure

Avoidance: inflation of theatrical production costs

Updating European expenditure to UK expenditure and flagging the change.

2023

2 August 2023 published amendments

Overview and general definitions: Temporary uplift

Updating to explain effect of FA (No.2) 2023 extension to the temporary uplift. Title changed from FA 2022 to Temporary uplift.

2022

4 July 2022 published amendments

Qualifying productions: theatrical production

included definition of 'relevant dramatic piece'

1 July 2022 published amendments

2020

18 December 2020 published amendments

Qualifying productions: theatrical production

provided more detail about abandoned productions and relevant recordings wrt to COVID

4 September 2020 published amendments

2019

25 February 2019 published amendments

Claims: how relief is claimed

Added lines about new procedure for amended returns

2018

20 December 2018 published amendments

Qualifying productions: State aid

Added sections on undertakings in difficulty and transparency

15 February 2018 published amendments

Losses: pre-completion periods

Updated for new loss provisions

Losses: completion period

Updated for new loss provisions

Losses: terminal losses

Updated for new loss provisions