Theatre Tax Relief Seminar for OA Companies, 19 May back to listing

In September last year a new Theatre Tax Relief was introduced by the government aiming to boost the live performing arts economy. This relief enables eligible companies (and charities) to claim back up to 25% of eligible creation costs of new shows. The tax credit is made either as an additional corporation tax deduction or as a payable tax credit. There are a number of eligibility requirements, and legal complexities involved with putting in a claim for the relief, and so XTRAX, Without Walls and ISAN have got together to collaborate on a free event aimed at simplifying and demystifying the process for companies that specifically work outdoors.

The 2-hour seminar (held at Lumen URC, 88 Tavistock Place, London, WC1H 9RS, on the 19th May, 3.30-5.30pm) will be hosted by Sean Egan a legal and financial consultant, who has been working directly with HMRC and the ITC to develop the process and clarify the issues around the relief. At the event Sean will present the basic principles of the relief using examples, and will answer specific questions from those in attendance with a particular focus on outdoor arts.

This seminar has been organised as quickly as possible in order to give the right information to companies that may think they are eligible, before they submit end of year accounts this year (the point at which the claim would have to be made).

Please read the below basic eligibility checklist and ITC briefings before booking a place with chris@xtrax.org.uk. Space is limited so only 2 reservations can be made per company.

Eligibility Checklist

Theatre Tax Relief_ An introduction _ ITC

Theatre Tax Relief Update