Theatre Tax Relief Calculator 2026
Calculate Theatre Tax Relief (TTR) for your UK theatrical production. 40% touring / 35% non-touring credit from April 2025. Payable above-the-line credit.
Theatre Tax Relief Calculator 2026
Frequently Asked Questions
What is Theatre Tax Relief (TTR)?
TTR is an above-the-line tax credit for qualifying theatrical productions. It was reformed in 2024 and now operates as a payable credit at 40% for touring and 35% for non-touring productions (reduced from enhanced pandemic rates).
What rate of TTR can I claim?
From 1 April 2025: 40% for touring productions and 35% for non-touring. Enhanced rates of 45%/40% applied to productions that commenced before 1 April 2025.
What qualifies as a 'touring' production?
A touring production is one that plays in at least two different premises during its run. HMRC guidance confirms this includes UK and EEA venues.
What is the 25% UK/EEA expenditure test?
At least 25% of total core production expenditure must be UK or EEA expenditure for the production to qualify for TTR.
How is the TTR credit calculated?
The credit is applied to the lower of: (a) UK/EEA qualifying expenditure, and (b) 80% of total core expenditure. Credit = qualifying amount × credit rate.
Can a loss-making theatre company claim TTR?
Yes. TTR is payable — if the company has insufficient CT liability, HMRC pays the balance as a cash credit.
What types of theatrical productions qualify?
Qualifying productions include plays, operas, musicals, dance, circus and mime. Touring exhibitions and concerts do not qualify.
How do I claim TTR?
TTR is claimed on the Company Tax Return (CT600). You must complete the TTR supplementary pages (CT600D) and maintain a cost report.