Creative Tax Relief
The UK Government operates a number of schemes intended to recognise, encourage and help the UK’s creative industries.
Odiri Tax Consultants tax specialists can advise on whether your organisation qualifies for the tax reliefs, and assist with the claim.
Current creative industry tax reliefs:
- Orchestra Tax Relief
- Film Tax Relief
- Theatre Tax Relief
- Animation Tax Relief
- High-end Television Tax Relief
- Video Games Tax Relief
- Childrens’ Television Tax Relief
- Museums and galleries Tax Relief (currently under consultation)
Who qualifies for creative industry tax reliefs?
These tax reliefs are part of Corporation Tax legislation, which means that an organisation needs to be within the scope of Corporation Tax to be eligible – this could be a trading subsidiary of an arts charity, or a subsidiary of a local authority, or a private company (among others).
Each relief has its own qualifying criteria, For more information or to arrange an initial meeting please contact our tax specialists on 01733808075.