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Creative Tax Relief

Creative Industry Tax Relief is offering UK companies further Corporation Tax Relief, to businesses who undertake certain activities. This could be, production of movies, animation, video games, high-end television, theatre shows, orchestra shows and museum or gallery exhibitions.

What Qualifies?

Creative Tax Relief is available for a wide range of activities, including the production of films, animation, high-end television, and video games, as well as orchestral concerts and exhibitions in museums and galleries. To qualify for the relief, companies must pass a cultural test or meet certain criteria, such as having at least 10% of their production costs related to activities in the UK. This can provide a significant financial boost to companies within the creative industry, allowing them to invest in new projects and grow their businesses.

You could be Eligible For...

FTR aims to promote the sustainable production of culturally British films. The film needs to either pass a cultural test or be a qualifying co-production and be intended for theatrical release. At least 10% of the total production costs must relate to activities in the UK.

ATR is available for animation programmes that pass the cultural test or qualify as an official co-production, which is intended for broadcast.

HTR aims to promote the sustainable production of culturally relevant high-end television programmes within the UK. The relief is open to shows that pass the cultural test or qualify as an official co-production which are intended for broadcast. At least 10% of the total production costs should relate to activities within the UK.

CTR aims to encourage production of culturally British children’s television programmes. It is an extension to the high-end television tax relief and animation relief but specifically is for producers of children’s programmes. The relief is available for children’s programmes if they pass the cultural test or qualify as an official co-production which is intended for broadcast.
VGTR aims to promote the sustainable production of culturally relevant video games in the UK. The scheme is intended for companies directly producing video games. The relief is available if British video games are intended for supply and at least 25% of the core expenditure is incurred on goods or services that are provided within the European Economic Area.
TTR is available for theatrical production companies if their production is to be played before a live audience of paying members of the public, or if it is for educational purposes. At least 25% of the total production costs relate to European Economic Area costs.
To qualify for ITR an orchestral concert must be performed by instrumentalists in an orchestra, ensemble, group or band consisting of a minimum of 12 instruments. The majority of the instruments shouldn’t be electronically amplified and the instruments must be the primary focus of the concert. The concert should be for paying members of the public, or for educational purposes with a minimum 25% expenditure within the European Economic Area.
MGETR is available to qualifying companies that put on an exhibition, curated public display of an organised collection of objects or works which are considered to be of scientific, historic, artistic or cultural interest. A single object can also constitute an exhibition. Unlike other tax reliefs, museums or galleries do NOT need to pass a cultural test to be eligible to claim tax relief.