Services

Preparation and submission

If you would like us to prepare and submit your claim then we will issue you with a Letter of Engagement.  This is a short 2-page document that sets out the terms under which we operate.  

Once engaged we will:

- Talk with you and develop an understanding of your business;

- Support you with your BFI application if applicable;

- Review the qualifying productions and determine the qualifying deemed trades;

- Identify and allocate the income generated and expenses incurred;

- Determine how this expenditure should be apportioned across the phases of production;

- Discuss and agree appropriate methods of apportionment;

- Prepare computations and determine the amount of Tax Credit to be claimed;

- File the Company Tax Return, or amendment to the Company Tax Return, with HMRC;

- Liaise with HMRC and deal with any enquiries they might have;

- Achieve successful completion of your claim with HMRC paying you directly.

Once your company’s claim has been accepted and your company has either paid less Corporation Tax, received a Corporation Tax Refund or received your Tax Credit payment, then and only then, will we issue the invoice for our fee.

For this we charge a flat rate of 15% of the benefit gained.

Advisory

You may be a company considering a project and need advice on:

- As to whether the project will qualify; - How best to structure a project to ensure that it meets the qualifying conditions; - Applying for the BFI’s Cultural Certificate.

Or, you may be a charitable company and need advice on:

- How these reliefs impact on charitable companies commonly exempt from Corporation Tax; - How to interact with HMRC.

Or, you may be an accountant unfamiliar with the legislation who simply needs support to make a claim on behalf of their client or respond to an HMRC enquiry.

Contact us for a no obligation discussion and if we can help we will.

To find out more about Theatre Tax Relief or any of the other Creative Tax Reliefs simply get in touch using the contact form or details below

 

CREATIVE TAX RELIEF UPDATES

 


We have now claimed over £1.4 million of tax credits for theatre companies, including NODA members and Arts Council funded companies
We have now claimed over £1.4 million of tax credits for theatre companies, including NODA members and Arts Council funded companies
Posted 11/03/2019

We have now claimed over £1.4 million of tax credits for theatre companies.....Read More

We are delighted to be working with Counterculture Partnership LLP – recently named as a Leading Firm by The Legal 500 for their work in the Charity and Media and Entertainment sectors
We are delighted to be working with Counterculture Partnership LLP – recently named as a Leading Firm by The Legal 500 for their work in the Charity and Media and Entertainment sectors
Posted 24/02/2019

We are delighted to be working with Counterculture Partnership LLP – recen.....Read More

It's a fact....sheet
It's a fact....sheet
Posted 14/02/2019

See our factsheets on Theatre Tax Relief prepared for NODA at https://www.noda.o.....Read More

We are proud to be featured in November's issue of Sardines Magazine
We are proud to be featured in November's issue of Sardines Magazine
Posted 07/11/2018

So proud to be featured in Sardines Magazine discussing how theatre companies ca.....Read More

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