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Orchestra Tax Relief | Subsidy Scanner

Home/Grants/Orchestra Tax Relief

Additional deduction equal to the lower of 80% of core production costs or the amount of core costs spent on UK goods/services. If a loss is made, a payable tax credit of 45% can be claimed.OpenNI Business Info

Orchestra Tax Relief

Summary

Orchestra Tax Relief allows production companies to reduce their Corporation Tax bill by claiming an additional deduction on core production costs for qualifying orchestral concerts. If your company makes a loss, you can surrender it for a payable tax credit at 45%.

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Source: NI Business Info

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