Corporation Tax

Creative sector reliefs ― overview

Produced by Tolley
  • 25 Feb 2022 15:17

The following Corporation Tax guidance note Produced by Tolley provides comprehensive and up to date tax information covering:

  • Creative sector reliefs ― overview

Creative sector reliefs ― overview

Specific relief for certain creative sector businesses have been increasing since they were introduced for film production companies. They are now available in the following sectors:

  1. film production, see the Taxation of film production companies guidance note

  2. television, see the Television tax reliefs ― key provisions guidance note

  3. video games, see the Video games tax relief ― key provisions guidance note

  4. theatre productions, see the Other creative sector tax reliefs guidance note

  5. orchestras, see the Other creative sector tax reliefs guidance note

  6. museums and gallery exhibitions, see the Other creative sector tax reliefs guidance note


Access this article and thousands of others like it
free for 7 days with a trial of TolleyGuidance.

There's no margin for error. Think Tax.
Think Tolley.

TolleyGuidance gives you direct access to critical, comprehensive and up-to-date tax information and expertise you can rely on.


Popular Articles

What is a loan relationship?

Almost all companies will have some loan relationships. However, some items that are commonly assumed to be loan relationships are not (eg outstanding consideration for the sale / purchase of property and inter-company balances relating to unpaid amounts for goods or services, in each case where

05 Apr 2022 08:41 | Produced by Tolley Read more Read more

Exemption ― overview ― items that are exempt from VAT

List of supplies that are exempt from VATThe goods or services that are exempt from VAT are listed under various group headings within VATA 1994, Sch 9.It is important to remember that not all supplies that come within a heading will be exempt from VAT. For example, income from the placing of bets

20 Apr 2022 12:25 | Produced by Tolley Read more Read more

Capital allowances computations

Plant and machinery allowancesThree types of allowance are available for expenditure on plant and machinery:•the annual investment allowance (AIA), which currently provides a 100% allowance for the first £1,000,000 of expenditure per year, see the Annual investment allowance (AIA) guidance

21 Mar 2022 07:23 | Produced by Tolley Read more Read more