Last updated July 29, 2024 – 4:17 p.m.
AudioUK is launching a short, anonymous survey to gather data to help gain government support for the growth of the UK's podcast and audiobook sector.
Tax cuts for podcasting and audiobook production were one of the policies in the AudioUK manifesto published earlier this year.
This is similar to other creative tax incentives in sectors such as television and film, and will attract significant additional international investment.
AudioUK produced a report in 2021 setting out the case for tax cuts and, as the new Government prepares to put together its first Budget, has updated the report to include tax cuts for audio production, illustrating the industry's subsequent growth and future potential.
Chloe Straw, managing director of AudioUK, said: “With a new government in the UK, we are renewing our call for tax cuts for podcasts and audiobooks to ensure they don't lose out on investment from international brands, broadcasters, media companies and platforms.”
“That’s why we’re collecting a small amount of data, anonymized at the point of entry, to update our 2021 report and make the strongest case possible.
“We urge podcast and audiobook creators of all shapes and sizes to take a few minutes to complete this survey, which will be crucial to growing our industry and ensuring it is on an equal footing with other creative industries in terms of taxation.”
AudioUK's tax relief research can be found here.
