Policy paper
Corporation Tax: new permanent rates of relief for theatre, orchestra, museum and galleries tax relief
This tax information and impact note is for the new permanent rates of the 3 corporate tax reliefs known as the 鈥榗ultural tax reliefs鈥�.
Documents
Details
This measure confirms new permanent rates of relief for theatre, orchestra and museums and galleries exhibition tax reliefs. The non-touring and touring and orchestral rates will be set at 40% and 45% 聽respectively from 1 April 2025.
The sunset clause for museums and galleries exhibition tax relief has been removed.
Updates to this page
Published 6 March 2024