How is Theatre Tax Relief calculated

When calculating the relief, each production must be treated as a separate trade.  The qualifying core expenditure and the profit or loss must be calculated for each production.

The company can claim an additional tax deduction equal to 80% of the qualifying core expenditure (or 80% of the expenditure incurred within the EEA if this is lower).

Loss-making companies can surrender the lower of 80% of the qualifying core expenditure and the adjusted loss as a repayable credit.  The rates of repayment are:

  • Up to 50% for touring productions
  • Up to 45% for all other qualifying productions


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We pride ourselves on our proven track record of successful claims and we are committed to assisting our clients in maximising their claims to include all eligible costs.

We would be happy to discuss whether you might be able to qualify for Theatre Tax Relief and answer any queries you may have.

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