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BPI wants tax breaks for new acts

The UK recording industry says it should get tax breaks for finding the next generation of recording artists.

The British Phonographic Industry (BPI) wants its members to be eligible for tax credits which are currently awarded to businesses conducting research.

Such a system would lead to “greater investment” in new music, said BPI chairman Peter Jamieson.

The BPI was responding to a government programme which is seeking advice on how to make the UK more creative.



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