5 December 2013 4:06 PM, PST | The Guardian - Film News | See recent The Guardian - Film News news »

Consultation launched on extending tax credits to theatre, while threshold for tax relief on films is reduced from 25% to 10%

The film tax credits that have attracted blockbuster productions Game of Thrones and Iron Man to Britain are to be extended to theatres under Treasury proposals.

A consultation will be launched next year on tax breaks for Britain's theatres, with relief for commercial productions, including those touring to often cash- strapped regional playhouses, and theatres investing in new writing.

Creative industry leaders welcomed the latest round of incentives for their sector in the autumn statement, which include more generous tax breaks for films and a £5m investment for the National Film and Television School.

West End impresario Rupert Gavin, who is a shareholder in the Ambassador Theatre Group and whose productions of West Side Story and Priscilla, Queen of the Desert are currently touring the regions, welcomed the consultation. Also chairman of the Odeon cinema chain, »

- Juliette Garside, Mark Sweney

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