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<p>The extension to the higher rates of cultural tax reliefs announced at Spring Budget
2023 are collectively estimated to be worth £350 million to theatres, orchestras,
museums and galleries over the five-year forecast period.</p><p>On 18 July 2023, HM
Government published draft legislation for several administrative changes to creative
industry tax reliefs, including orchestra tax relief, for the purpose of consultation.
Since then, senior officials at the Department for Culture, Media & Sport have
engaged with the Association of British Orchestras (ABO) and others to seek their
feedback on draft changes to legislation on cultural tax reliefs proposed by HM Treasury.
Officials from HM Treasury and HM Revenue & Customs have also met the ABO as the
responsible Departments for this policy and its delivery. Details of Ministerial meetings
can be found on the Gov.uk website <a href="https://www.gov.uk/government/publications/dcms-ministerial-gifts-hospitality-travel-and-meetings-1-october-to-31-december-2022"
target="_blank">here</a>.</p>
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