Guide

Creative industry tax reliefs

Creative industry tax reliefs are a group of five Corporation Tax reliefs that allow qualifying companies to claim a larger deduction, or in some circumstances claim a payable tax credit when calculating their taxable profits.

These reliefs work by increasing the amount of allowable expenditure. Where your company makes a loss, you may be able to 'surrender' the loss and convert some or all of it into a payable tax credit.

Read full guidance on the creative industry tax reliefs on the GOV.UK website.