Commentary

D7.1285 Orchestral production companies—introduction

Corporate tax
Corporate tax | Commentary

D7.1285 Orchestral production companies—introduction

Corporate tax | Commentary

Orchestral production companies

D7.1285 Orchestral production companies—introduction

Finance Act 2016 introduced reliefs for orchestral production companies which apply for accounting periods beginning on or after 1 April 20161. 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 orchestral production companies broadly mirror the ones for film production companies and are detailed in D7.1286–D7.1295. HMRC guidance

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