SCHEDULE 3 Theatrical Productions

Part 1 Amendments of Part 15C of CTA 2009

Finance Act 2024 (2024 c 3) | Legislation

Section 4 Part 1 Amendments of Part 15C of CTA 2009

Introduction

Part 15C of CTA 2009 (theatrical productions) is amended as follows.

Meaning of “theatrical production”

(1) Section 1217FA (meaning of “theatrical production”) is amended as follows.

(2) In subsection (2)—

(a) in the words before paragraph (a), for “relevant” substitute “other”;

(b) for paragraph (a) substitute—

“(a) the primary focus of the play, opera, musical or dramatic piece is the depiction of a story, or a number of related or unrelated stories, through the playing of roles by performers (whether actors, singers, dancers or others),”;

“(bb) it is reasonable to expect that the main purpose of the audience members will be to observe the performance (rather than, for example, to undertake tasks facilitated or accompanied by the performance),”.

(3) Omit subsection (3A).

(4) Those amendments have effect in relation to a theatrical production the production phase of which begins on or after 1 April 2024.

Meaning of “core expenditure”

(1) In section 1217GC(2) (expenditure that is not “core expenditure” on theatrical production),