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.
News from Eversheds
News from The Lawyer
Briefings from Eversheds
This act enables the secretary of state to introduce regulations that will allow undertakers to exit the competitive part of the retail market.
For many years, pregnant women who are employees have had the right to take time off work to attend antenatal appointments. That right will now be extended to other expectant parents.
Analysis from The Lawyer
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
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions