Proposed changes to tax reliefs for television programmes and video games
The chancellor, in his Budget statement on 19 March 2014, proposed changes to tax reliefs for television programmes and video games that were introduced by the Finance Act 2013. There are also new tax reliefs for theatre productions and major sporting events.
Certain amendments are proposed to clarify the application of reliefs introduced by the Finance Act 2013 for television programmes and video games.
There will be a new relief for theatre: with effect from 1 September 2014, theatre productions, which include theatre, ballet, dance and opera, musicals and other live performance, will qualify for corporation tax relief of up to 25 per cent. The government will also have the power to make future income tax and corporation tax provision for major sporting events using secondary legislation…
Click on the link below to read the rest of the Eversheds briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Eversheds
News from The Lawyer
Briefings from Eversheds
Eversheds’ retail finance briefing is designed to keep you up to date with the latest legal, regulatory and industry developments affecting the retail finance industry.
Welcome additional form of protection for financial institutions and their employees.
Analysis from The Lawyer
Eversheds is no stranger to an international tie-up but now it’s in the market for the jewel in its global crown
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all