Creative Industry Tax Reliefs

How do you qualify for Creative Industry Tax Reliefs in the UK? This question is often at the forefront of producers’ minds when they are looking to raise finance for a production in the UK.

Assisting producers and production companies worldwide

We work with film, TV, video games and theatre producers and creatives, and their companies, throughout all stages of their production set-up in the UK; from national and international film and TV franchises and corporates, to established independents and start-ups.

Our expertise focusses on supporting clients with raising finance and accessing Creative Industry Tax Reliefs. This includes authoritative advice across all of their available tax reliefs, including those for film, animation, high-end television, children’s television, theatre, video games, orchestras, museums and galleries.

We are widely recognised in the industry as leading advisors on creative tax reliefs and have influenced government policy changes in this highly specialist area; most recently, with the reforms to audio visual tax credits. We also advise production investment companies looking to set up in UK and are nominated specialists on Creative Industry Tax Reliefs for bank panels and other financiers.

  • £1.66bn

    Rhe total value of relief paid out across all Creative Industry Tax Reliefs in relation to the financial year 2021-2022

    HM Revenue & Customs (HMRC)
  • 34%

    Proposed credit rate for film, high-end TV and video game productions from 2024

    The Budget 2023
  • 39%

    Higher credit rate proposed for children’s television and animation productions from 2024

    The Budget 2023

Areas we cover:

  • Film Tax Relief (FTR)
  • Animation Tax Relief (ATR)
  • High-end Television Tax Relief (HETV)
  • Children's TV Tax Relief (CTR)
  • Theatre Tax Relief (TTR)
  • Video Games Tax Relief (VGTR)
  • Orchestra Tax Relief (OTR)
  • Museums & Galleries Exhibition Tax Relief (MGETR)

Finding the most effective & stress-free route to production

Authoritative advice across all creative industry tax reliefs

From the United States and Canada, to Europe and Australia, we handle projects for production companies coming to the UK from around the world, working across multiple time zones.

We’ve advised filmmakers, producers and directors for many years and understand what it takes to get an idea into production and for it to be a commercial success. It’s our job to maximise all the financial opportunities our clients have and guide them through the most effective and stress-free route to production.

Creative Industry Tax Relief is a highly specialist area, requiring an understanding of the reliefs and how they apply, using industry know how and best practice expertise.

We started advising clients in this area after the first tax reliefs were introduced and extended this support to other industries as the scope of these reliefs grew. In 2020, we also teamed up with our colleagues at SRLV’s affiliate company, Above Title Production Finance, for our theatre client work.

Related Tax Advice

  • Enterprise Investment Schemes (EIS)
  • Seed Enterprise Investment Schemes (SEIS)
  • Research and Development (R&D) tax relief
  • Withholding tax
  • Tax appraisals for film financiers and investors
  • Letters of Opinion

Related Industries

Our work is diverse, multi-disciplined and multi-jurisdictional. We provide a very effective accountancy service for our creative, entrepreneurial and owner managed business clients, along with specialist support and advice on a range of complex cross border tax and VAT issues.

Get in touch

If you’d like more information about this service specialism or have a particular financial issue to discuss, please do get in touch.