Understanding Capital Gains Tax on property investments
December 2023
Read MoreRichard Anthony’s team have particular expertise, working with businesses and individuals in the creative sector, including dealing with international photographers, designers and stylists and their support entities.
We are proud of our reputation of having a thorough understanding of the opportunities and issues faced by those operating in this highly demanding sector.
If you are a growing creative, you need an expert firm of accountants by your side to help you. At Richard Anthony our team can help you with business development, whether producing forecasts for a bank loan application or using our large network to connect you with appropriate contacts.
Our practice is a ‘people business’ and we are very fortunate to have a hugely talented team of professional staff, who also happen to be very approachable, friendly and helpful.
Contact UsFor businesses operating within the creative industry, there are a range of available tax reliefs available.
Depending on your business circumstances, you may be entitled either to claim a larger deduction, or a tax credit when calculating your taxable profits.
The qualifying criteria for claiming creative industry tax reliefs include being liable for Corporation Tax and being directly involved in the production and development of:
To qualify for these tax reliefs the film or other creative media must pass a cultural test or qualify through an internationally agreed co-production treaty – certifying that the production is a British film, British programme or British video game.
At Richard Anthony, we have assisted many organisations through the complex area of creative sector tax credits and have been successful in obtaining substantial tax credits for our clients. For more information on how we can help your creative business, please contact us.
Jim Botton – Pleasure Beach (Skegness)