Budget March 2016 Report

The budget inevitably posed challenges to the Chancellor both politically as well as economically.  His task was even more unenviable given the oscillations in economic forecasting brought about by unforeseen change in international  economic activity as well as the gyrations we have recently witnessed in financial markets. The sugar levy is expected to raise £500 million … Read more Budget March 2016 Report

Pre – Budget Dividend Focus

Ahead of the Autumn Statement tomorrow we are taking a deeper look at one of the biggest changes to come out of the 2015 Summer Budget which has been widely reported, namely the new regime for the Taxation of Dividends. For those with significant dividend income, this will have a material  impact on their income tax liabilities for … Read more Pre – Budget Dividend Focus

2014 Budget Announcement Reaction

Chancellor George Osborne announced an unexpected bit of good news for the theatre industry in the Budget today/weds. Rather than introducing Theatre Tax Relief in 2015, the Chancellor revealed it is due to take effect in September this year. Anthony Pins, a partner at entertainment accountants Nyman Libson Paul and who specialises in theatre, said: … Read more 2014 Budget Announcement Reaction

Budget 2012

As anticipated, a mixed bag of measures from George Osborne was announced yesterday. What do we like? Confirmation of the introduction of SEIS (Seed EIS) – already prompting large interest amongst our clients EIS investment limit raised to £1m per person Tax breaks for the TV, Animation and Games sectors from April 2013 – detailed … Read more Budget 2012

March 2011 Budget

For a change, this was an interesting and varied budget, much of which we like, and some of which we don’t!  In terms of impact on our clients, here are our headlines: What we like: 1) Changes in EIS relief – 30% income tax relief from 6 April 2011, significantly increased investment limits from 6 … Read more March 2011 Budget

NLP in the 2011 budget news

If you are a member of Screen International online, you can read their article on the new EIS rules which could be a huge help to production companies when raising private film financing. Click here to visit their site and log in. Read what the partners at NLP have said about these changes below. From … Read more NLP in the 2011 budget news