TAX RELIEFS FOR CREATIVE COMPANIES

    Creative Sector Tax Reliefs

    The UK is rightly internationally famous when it comes to the creative industries. From iconic video games such as Grand Theft Auto and Tomb Raider featuring Lara Croft through to animated and live action movies and TV shows that are broadcast round the world, the UK leads the way.

    The UK government knows the creative industries play an increasingly significant role in our economy. That’s why they’ve introduced eight targeted tax credits designed to encourage development and production activities in the UK. If your business or organisation is involved with any of these it could benefit from a cash refund of up to 20% of eligible expenditure.

    How we can help

    Our experienced team can help you at every step of the claim process. We can help you determine whether your production, game or exhibition qualifies for the relevant tax credits.

    The creative reliefs are currently available if your company is directly involved in the production and development of:

    • Films
    • High-end television
    • Children’s television
    • Animation television
    • Video games
    • Theatrical productions
    • Orchestral concerts
    • Museum or gallery exhibitions

    Face to face communications and quicker claims

    Claiming under one of the Creative Sector Tax Relief schemes is worth doing and with our experience, approach and relationship with HMRC, we have a slick process for getting claims submitted and approved. We’ll also keep you informed along the way. And we love visiting clients. We’ll show you exactly what you can claim in real-time, and in good time. Fancy showing us around? We put time into getting to know your business. Our discovery meeting kicks off the process.

    If you want to find out more, contact a member of the CP Innovation team.

    Get in touch with CHRIS KNOTT

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