OTR100030 - Orchestra Tax Relief: separate trade and elections

For the purposes of Orchestra Tax Relief, each concert is considered to be a separate trade.听However, a company may elect听to have a series of concerts treated as a single concert. If the first concert in the series falls before 1 April 2024, the election must be made before the first concert in the series is held.听听

If the first concert in the series falls on or after 1 April 2024, the election must be made听

  • before听the first concert in the series听is held听or

  • before听the first company tax return which applies the separate trade treatment to a concert in the series听is submitted听

whichever is later.

The election should specify all the concerts to be included as part of the series. The length of the election is a matter for the company and may stretch over more than one accounting period.


The election is irrevocable. Once it has been made, it cannot be amended.

For more detailed information see Chapter 3 of this manual.