Autumn Budget 2021: Tax relief for arts and culture
27 October 2021
Museum and Gallery Exhibitions Tax Relief (MGETR) is to be extended until 31 March 2024 to encourage charitable organisations to put on high-quality exhibitions.
In addition to the MGETR extension, headline rates of relief are increasing, this increase also applies to Theatre Tax Relief (TTR) and Orchestra Tax Relief (OTR). There are different rates for non-touring and touring productions and from 1 April 2024 no expenditure will be eligible for relief under MGETR.
Below are the reliefs available under the different schemes over the coming tax years
| Relief Due | |||||
| MGETR | TTR | OTR | |||
| Non-touring | touring | non-touring | touring | all | |
| From 27 October 2021 | 45% | 50% | 45% | 50% | 50% |
| 1 April 2023 - 31 March 2024 | 30% | 35% | 30% | 35% | 35% |
| 1 April 2024 onward | Expired | Expired | 20% | 25% | 25% |
These extensions are part of a series of government initiatives to revive the hospitality and entertainment industries, encouraging spending and rebuilding businesses.
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