GRI

Creative industry tax reliefs for Corporation Tax

News Financial services General Updates
Date: 13th Mar, 2025 Source: Her Majesty’s Revenue and Customs (HMRC) Country: United Kingdom Original Source

Brief

"On 13/03/2025, the HMRC issued an update regarding Creative industry tax reliefs for Corporation Tax. Eight corporation tax reliefs and two expenditure credits are available to qualifying companies in the creative industries, allowing them to increase allowable expenditure and reduce Corporation Tax liability."

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Her Majesty’s Revenue and Customs (HMRC)

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