Nearly 3,400 productions benefitted from £78 million worth of theatre tax relief last year, new statistics show.
This represents a £1 million increase on the total figure paid out in 2017/18, however the number of individual productions benefitting from tax credits increased by 13% in the same period.
Theatre tax relief, which was introduced in 2014, allows touring shows to claim back 25% on eligible costs. All other productions can be reimbursed for 20%.
In the first year of the scheme, £15 million was paid out, rising to £46 million in the second year and £77 million in 2017/18.
Statistics published by HM Revenue and Customs for 2018/19 reveal there were a total of 930 claims, representing 3,380 productions, of which 950 were touring and 2,430 non-touring. A single claim can request tax relief for multiple productions.
41% of all claims were for £10,000 or less, and represent less than 4% of the total financial payout.
Claims of more than £250,000 accounted for 6% of the claims, but were equivalent to 63% of the total tax relief paid out.
Financial secretary to the treasury, Jesse Norman, said: “The arts and creative industries make a vital contribution to the UK economy. These tax reliefs have helped support some astonishing and exciting work again this year, celebrating the very best of British culture.”