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 are delighted to be advertising in The Stage
We are delighted to be advertising in The Stage
Posted 14/02/2019

You can find our advert under Services in The Stage newspaper or in their on-lin.....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

Over £1,000,000 in Theatre Tax Credits claimed for our clients
Over £1,000,000 in Theatre Tax Credits claimed for our clients
Posted 10/08/2018

We have now claimed over £1 million of Theatre Tax Credits for theatre com.....Read More

HMRC releases Orchestra Tax Relief manual
HMRC releases Orchestra Tax Relief manual
Posted 18/05/2017

HMRC has released the Orchestra Tax Relief manual - which can be found here

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