Creative Industry Tax Reliefs & Credits

Securing valuable tax relief and credits for businesses in the Theatre, TV & Film industry


The Creative Industry Tax Reliefs are designed to encourage film making, television programme production and other cultural activities to take place in the UK. Friend Partnership has helped several West End theatre companies and production companies to secure valuable tax relief.



Our creative industry tax team deals with the following:

A camera on a tripod with purple and blue lights behind it.
Life of Pi - Actors on stage with a tiger puppet
A bunch of video game controllers are stacked on top of each other
A woman is leading an orchestra on a stage.
A black and white photo of people walking around the British Museum
A large group of people are sitting in a movie theatre watching a movie.

KNOWLEDGE BASE

A watercolor painting of big ben and a bridge in london

Spring Statement 2025

27 March 2025
Despite various media labels of mini-Budget or even emergency Budget in the run up to 26 March, the Chancellor avoided any fresh tax measures
A row of houses next to a body of water with boats docked in front of them.

Pre-Owned Asset Tax: Understanding Its Role in Inheritance Tax Planning

7 February 2025
Introduced in 2005, pre-owned asset tax applies to assets previously owned by an individual but now used or enjoyed by them under certain conditions.