Blog Layout

Creative Industries Tax Relief

Author name

Creative Industry Tax Reliefs: How UK Businesses Can Save Big

Introduction:
The UK’s creative industries are thriving, from independent filmmakers to innovative video game developers. Yet, many businesses miss out on valuable tax reliefs designed specifically for their sector. At Arthur Francis Accountancy Ltd, we’re here to ensure you’re not one of them. Let’s explore the key reliefs available and how they can help your creative business grow.


Key Tax Reliefs for Creative Businesses:

  1. Film Tax Relief (FTR): For UK-based film production companies, FTR allows you to claim up to 25% of your core production costs.
  2. Video Games Tax Relief (VGTR): Developers creating culturally British video games can claim back significant portions of their expenditure.
  3. Theatre, Orchestra, and Museum Tax Reliefs: Perfect for live performance companies and cultural institutions.
  4. Research & Development (R&D) Tax Credits: If you’re innovating or pushing boundaries, you may qualify for R&D relief.


How We Can Help:
Navigating these reliefs can be complex, but we make it easy. Whether you’re a small creative agency or a large production house, Arthur Francis Accountancy Ltd offers tailored services to maximise your savings and keep your finances in check.


Call to Action:
Ready to unlock your tax relief potential? Contact us today at info@arthurfrancisaccountancy.co.uk.

By Steve Read November 18, 2024
Financial Fitness - How well are you doing?
By Steve Read November 11, 2024
Claiming WFH Expenses - Don't get caught out by restricted CGT
By Steve Read November 4, 2024
Autumn Budget - What is the impact for businesses
Share by: