Video killed the radio star

If you’re running a creative business in the UK, you might be missing out on some tax relief opportunities. Creative industry tax reliefs represent a significant opportunity for UK creative businesses to reduce their tax burden while investing in their craft. Whether you’re making a film, developing a video game, or staging a theatrical production, these reliefs could put money back in your pocket.

Creative industry tax reliefs are special corporation tax deductions designed to encourage investment in UK creative projects. They include incentives such as Film Tax Relief, Animation Tax Relief and Video Games Tax Relief, among others, offering deductions against qualifying expenditure, even if you made a loss.

Typically, claims can be made, or amended, for up to two years from the end of your accounting period.

If you’re working in the creative sector, explore whether your projects qualify for relief by getting in touch – we’d be happy to hear from you!