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The government recognises the value of the UK\u2019s world leading creative industries.<\/p>

<\/p>

The eight creative industries tax reliefs support and incentivise the production of culturally British content. At Spring Budget 2023, the government went further to support the creative industries through the tax reliefs.<\/p>

<\/p>

The government extended the 45% (for non-touring productions) and 50% (for touring productions) rates of the theatre, orchestra and museums and galleries reliefs for two years. The sunset clause of the museums and galleries exhibition tax relief was also extended for two years.<\/p>

<\/p>

The audio-visual tax reliefs will be reformed to refundable expenditure credits, which will provide a greater benefit than the current reliefs. Film, high end TV productions and video games will be eligible for a credit rate of 34% and animation and children\u2019s TV productions will receive a rate of 39%.<\/p>

<\/p>

At Spending Review 2021 the government announced £50 million over the next three years to support the creative industries, including supporting SMEs to scale up and providing bespoke support for the UK\u2019s independent film and video game industries.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4519", "label" : {"_value" : "Biography information for James Cartlidge"} } , "answeringMemberConstituency" : {"_value" : "South Suffolk"} , "answeringMemberPrinted" : {"_value" : "James Cartlidge"} , "dateOfAnswer" : {"_value" : "2023-03-21", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-03-21T16:31:23.5Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "Treasury"} , "date" : {"_value" : "2023-03-15", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Arts: Government Assistance"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Chancellor of the Exchequer, what fiscal steps he is taking to provide support for (a) creative industries and (b) digital creative industries.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4471", "label" : {"_value" : "Biography information for Rachael Maskell"} } , "tablingMemberConstituency" : {"_value" : "York Central"} , "tablingMemberPrinted" : [{"_value" : "Rachael Maskell"} ], "uin" : "166282"} ], "itemsPerPage" : 10, "page" : 0, "startIndex" : 1, "totalResults" : 1, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }