Music: Production

Treasury written question – answered on 25th November 2021.

Alert me about debates like this

Photo of Valerie Vaz Valerie Vaz Labour, Walsall South

To ask the Chancellor of the Exchequer, if he will make a further assessment of the potential merits of a tax incentive to encourage music production in the UK.

Photo of Lucy Frazer Lucy Frazer The Financial Secretary to the Treasury

The Government keeps all tax policy under review and regularly receives proposals for sector-specific tax reliefs. When considering a new tax relief, the Government must ensure it supports businesses in a fair way and that taxpayer money is effectively targeted. A tax relief to encourage music production is not currently under consideration.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.