TV is still an engaging and popular means of entertainment; it’s one which has evolved to meet demand and allows the viewer to choose what they watch, when they watch it and how they watch it.
To help sustain and support investment in the UK TV industry the government has included tax relief for High End TV, Children’s TV and Animation programmes in its suite of creative industry tax reliefs.
High End Television, Children’s Television and Animation Tax Relief is available on qualifying UK core production expenditure on the lower of either 80% of the total core expenditure or the actual UK core expenditure incurred.
There is no cap on the amount that can be claimed.
Accessing High-End Television Tax Relief (HETV)
Accessing Children’s Television Tax Relief (CTV)
Accessing Animation Tax Relief (ATR)
Ways in which we work with individuals and companies involved in television include:
Advising on claiming High End Television, Children’s Television and Animation Tax Relief
Assistance with the structure of co-productions and advice on qualifying as a British TV programme
Royalty audits (TV and distribution)
Advice on Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) in the context of TV productions
Personal tax advice for individuals (UK and non UK resident) involved in all aspects of TV production, (including international tax advice)
We can also help ease the set up and running of a UK business
Company registration and company secretarial services
Payroll and VAT registration
Audit, accounts, and filing corporation tax returns.
If you’d like to know more about Television Tax Reliefs please contact Ian Gibbon or David Gibbs.
