Commentary

D7.1270 Theatrical production companies—introduction

Corporate tax
Corporate tax | Commentary

D7.1270 Theatrical production companies—introduction

Corporate tax | Commentary

Theatrical production companies

D7.1270 Theatrical production companies—introduction

Finance Act 2014 introduced reliefs for theatrical production companies which apply for accounting periods beginning on or after 1 September 20141. Where an accounting period straddles this date the periods before or after that date are treated as separate accounting periods and the profits of the company for the straddling period are apportioned to the two separate accounting periods on a just and reasonable basis2. The rules for theatrical production companies broadly mirror the ones for film production companies and are detailed in D7.1271–D7.1281. HMRC guidance on this regime can be found

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