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<p>The Government recognises the value of the UK’s world leading creative industries
and arts sectors.</p><p> </p><p>Since orchestra tax relief (OTR) was introduced in
2016, £62 million has been paid out in support of 2,640 productions as of the year
2021-2022.</p><p> </p><p>At Autumn Budget 2021, the Government temporarily increased
the headline rate of OTR in recognition of the impact of the Covid-19 pandemic on
the sectors.</p><p> </p><p>The Government acknowledges the concerns of industry about
the upcoming taper of the rate in April, and will keep this under review.</p>
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