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AudioUK has launched a survey gathering key data that will be used to campaign for government measures for the UK podcast and audiobook sector.
The podcast, radio and audiobook industry trade body outlined in its recent manifesto a recommendation for tax relief for podcasting and audiobook production. This would echo other creative tax reliefs, in areas such as TV and film, in attracting a significant amount of additional international investment.
AudioUK produced a report in 2021 presenting the case for the tax relief and is now updating the report so that it calls for audio production tax relief to be included, to show the subsequent growth in the industry and future potential, as the government prepares its first budget.
Chloe Straw, managing director of AudioUK, said: “With an incoming government in the UK, we are renewing our case for a podcast and audiobook tax relief to ensure we don’t lose out in terms of investment from international brands, broadcasters, media companies and platforms.
“We are therefore gathering a small amount of data, anonymised at the point of input, to help update our 2021 report and make the strongest case possible.”
She added: “We urge podcast and audiobook producers of all shapes and sizes to take a few minutes to complete this survey, which will be crucial in helping us to grow our industry and secure its place alongside other creative industries in terms of tax policy.”
AudioUK’s survey on tax relief can be found here.