Music's Star Makers Call for Tax Help ; Fast-Living Ar Men Want the Same Breaks As Other Contributors to the Economy

Summary

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THE music business is lobbying the Government to extend the tax credit scheme it offers for industrial research and development to record labels.

It wants the cost of the artists and repertoire (AR) men legendary characters reputed to consume vast quantities of drugs and alcohol as they endlessly party in the search for the next Robbie Williams or Bob Dylan to be given the same tax breaks as research and development enjoys in industries such as defence, pharmaceuticals and car making.

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Extract

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Music's Star Makers Call for Tax Help ; Fast-Living Ar Men Want the Same Breaks As Other Contributors to the Economy

Indeed, the British Phonographic Industry, which represents record labels, has told the Government that the recorded...

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