Orchestra Tax Relief

Orchestra Tax relief overview: What it is, who can benefit and how we can help

Orchestra Tax Relief (OTR) is the latest in a line of state aid tax reliefs for the creative industries. OTR incentivises the production of orchestral concerts – and amateur orchestras are specifically referenced in the legislation.

We have extensively researched OTR and believe that it has the potential to be hugely beneficial to instrumental amateur music groups across the UK:

Individual visits and consultations: Barnstaple

Sharon Moloney, Member Engagement Manager, will be available in Barnstaple to meet and talk with members from this area and beyond.

If you have a burning issue on which you would like some help or advice, or would simply like to say hi or find out more about Making Music, please get in touch to confirm an appointment. Sharon is available to attend concerts, rehearsals or committee meetings, or for individual appointments.

 

Topics you may wish to discuss include:

Location

EX31 1EL Barnstaple
United Kingdom

Individual visits and consultations: Isle of Wight

Sharon Moloney, Member Engagement Manager, will be available in the Isle of Wight to meet and talk with members from this area and beyond.

If you have a burning issue on which you would like some help or advice, or would simply like to say hi or find out more about Making Music, please get in touch to confirm an appointment. Sharon is available to attend concerts, rehearsals or committee meetings, or for individual appointments.

 

Topics you may wish to discuss include:

Location

PO30 1LL Isle of Wight
United Kingdom

OTR 3.2 - Template: Accrual accounting spreadsheet (including guidance notes)

This resource is part of our OTR Part 3 guidance: Keeping records, producing accounts and making a claim.

It includes two downloadable documents:

  • OTR 3.2 Template: Accrual accounts (Excel spreadsheet)
  • OTR 3.2(a) Guidance: Notes on using the accrual accounts template (PDF)

Please note:

Information and advice sessions (Around Bangor, North Wales): Helping your group to thrive

An opportunity to meet Wales Manager, Abby Charles, to talk about all aspects of running your group.

Location

LL57 1PA Bangor
United Kingdom

Information and Advice (Mold): Every penny counts – tips for improving your income

In an age where funding is increasingly hard to obtain, how can you maximise your income in other areas?

We’ll hear about members who have had success in raising money by other methods, and we’ll share advice and experiences with each other on what has – and hasn’t – worked for you. Making Music staff will also have some top tips for gaining those vital extra pennies.

We'll talk about:

Location

Parkfields Community Centre
1 Elm Drive
CH7 1SF Mold
United Kingdom

Orchestra Tax Relief (OTR) overview - webinar

This online webinar will introduce you to Orchestra Tax Relief, a new source of income for instrumental groups with 12 or more performers, explaining what it is and how your group can benefit from it.

 

You can find out more about OTR, including whether you are eligible and how to claim, in our resources:

Accruals Basis of Accounting

This resource is part of our OTR Part 3 guidance: Keeping records, producing accounts and making a claim. It looks at how to keep accrual accounts for your concert production company for the purposes of claiming OTR. 

Organisations claiming Orchestra Tax Relief (OTR) (i.e. the concert production companies) have to prepare their financial statements under the Accruals Basis of accounting which requires that income and expense must be recognized in the accounting periods to which they relate rather than on a cash basis.

OTR Toolkit: setting up a production company

This toolkit is part of our 'OTR, Part 2' guidance and explains how to set up and run a production company.

If you have not read our guidance (on what OTR is and how to claim), we suggest you read it before using this toolkit:

OTR Toolkit: running a production company

This toolkit is part of our 'OTR, Part 2' guidance and explains how to set up and run a production company.

If you have not read our guidance (on what OTR is and how to claim) we suggest you read it before using this toolkit: