Issue details

Provision of a recoverable grant to Leeds Culture Trust in relation to their claims for Creative Sector Tax Relief

Leeds City Council is asked to provide recoverable grant assistance to Leeds Culture Trust to cover claims to HMRC for both Theatre Tax Relief and Museums and Galleries Exhibition Tax Relief for financial years 2022-23 and 2023-24.  This will allow Leeds Culture Trust to maximise the amount of funding they can invest in the Year of Culture programme in-year.

Executive Board is asked to make the decisions exempt from Call In due to the short timeframe for providing grant assistance.

Decision type: Key

Reason Key: Financial Impact>£500K;

Decision status: Recommendations Approved

Notice of proposed decision first published: 16/08/2023

Decision due: 20 Sep 2023 by Executive Board

Lead director: Director of City Development

Department: City Development

Contact: Karen Murgatroyd 0113 378 8531 Email: karen.murgatroyd@leeds.gov.uk.

Consultation process

Briefings

Consultees

Leader of the Council

Executive Member for Economy, Culture and Education

Portfolio Holder: Executive Member for Economy, Culture and Education

Decisions

Agenda items

Documents

  • REPORT TO BE ISSUED TO THE DECISION MAKER WITH THE AGENDA FOR THE MEETING