Theatre

British theatre has always had a profound influence across all of the Arts and its West End productions are world renowned. With more than 16 million people attending London shows last year and attractive Theatre Tax Reliefs, we’re helping growing numbers of homegrown and international theatre productions to flourish on the UK stage.

SUPPORTING THEATRE ON THE WORLD STAGE

As a firm, our roots are firmly in the Arts and creative industries, and we have an impressive roster of new and established actors, producers and directors, alongside West End and Broadway productions, and international theatre companies.

We have particular expertise in supporting theatre clients through the lifecycle of their productions, including setting up, financing and running static, touring, and leased productions in the UK, and worldwide. The theatre producers we work with often have many different shows and we are frequently involved with each one from the start. Whether it’s helping to set up the right business structures, managing PAYE, VAT, FEU, advising on director/employee incentive schemes, or raising finance and accessing Theatre Tax Relief (TTR), we work as part of our clients’ production teams and are integral to their day-to-day running and decision making.

  • 16.4m

    The number of people attending West End theatre shows in 2022 (up 7.2% on 2019)

    Source: Society of London Theatre, 2022
  • £892,896,521

    The total value of West End tickets sales in 2022 (up 11.6% on 2019)

    Source: Society of London Theatre, 2022
  • 45 & 50%

    Theatre tax relief headline rates for qualifying non-touring and touring productions in the UK until April 2025 (the permanent TTR headline rates will be 40% and 45% from 1 April 2025)

    Source: Spring Budget 2024

BRINGING BUSINESS TENACITY

We appreciate the tenacity it takes to get an idea into production so we focus on the areas where we can add most value and free up our clients’ time; from all-round business management and support with production accounting, to withholding taxes and VAT compliance, PAYE, royalties, and Theatre Tax Relief.  It’s a highly personalised service which puts our clients’ needs at the very centre.

Our team has advised clients on Creative Industry Tax Reliefs (CITR) since the first reliefs were introduced and over the years, have become widely recognised as leading industry experts.  As well as early-stage appraisals for Theatre Tax Relief (TTR) claims and advice on setting up touring and non-touring productions, we can manage all stages of the tax relief claims process with HMRC for our clients, as required.

In recent years, our team has advised on policy reforms to cultural tax reliefs, including Theatre Tax Relief, as part of several government consultations.  We also advise production investment companies looking to set up in UK, as well as providing CITR assessments for financiers and industry bank panels.

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We offer a highly personalised service which puts our theatre clients at the very centre, from production accounting, business management and withholding taxes, to niche industry areas and specialist advice.

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Our views on the latest news, events and industry issues affecting our clients, both in the UK and worldwide.

Get in touch

Whether you have a particular financial issue to discuss, would like more information about our services or are interested in joining our team, please do get in touch. We’d love to hear from you.