Tag Archive: Creative Industry Tax Relief

Orchestra Tax Relief

Posted 14th March 2021 at 1:04 pm

Times have been particularly tough for the live music sector over the last 12 months, and particularly so for those organisations who already relied on a combination of public funding and ticket sales to keep them afloat, such as orchestras. With the live music sector hoping for a return to normal by the Autumn, orchestras will be looking for ways to save money, and fortunately there is already a government scheme that can help them to do so. Orchestra Tax Relief is one of the Creative Industry tax reliefs – a group of 8 Corporation Tax reliefs that allow qualifying... Read more

Museums & Galleries Tax Relief

Posted 2nd March 2021 at 2:25 pm

It’s probably fair to say that Museums and Galleries are not traditionally thought of as big powerhouses of the economy! But their cultural and educational value cannot be underestimated. With the pandemic closing most of these venues for at least some period of time over the last 12 months, there have been some tough times, and worries about how the sector will get ‘back to normal’ over the coming months.   Fortunately, there is already a government scheme which can help museums and galleries save on the costs of mounting exhibitions. Museums and Galleries Tax Relief is one of the... Read more

TV Tax Relief

Posted 16th February 2021 at 10:22 am

Let’s face it, we’ve all been watching A LOT of TV over the past year!   With an ever-increasing demand for content in a growing market, production companies have been tangling with stringent Covid-19 safety restrictions to create new programmes and series, to fill the gaps in our schedules and provide content for streaming platforms. Adapting to ‘the new normal’ of filming during Covid-19 has raised production costs, but fortunately there are already three government schemes that enable tax relief on certain types of TV projects.   These schemes are part of the Creative industry tax reliefs – a group... Read more