HMRC clarify new rules for profit distributions to Theatre investors

Further to our previous updates on this subject, HMRC has now clarified the new rules and their effective dates. The old position for investors Individual (UK) investors were able to take advantage of a special Extra Statutory Concession (ESC A94) which allowed them to offset losses against profits made on investments in theatrical productions. What’s … Read more HMRC clarify new rules for profit distributions to Theatre investors

NLP attends Theatre 2016 Conference

Last week, Partner Anthony Pins and Manager of our specialised Theatre Accounts division Gemma Jeynes attended Theatre 2016 – the largest ever industry-wide conference. Theatre 2016 was organised to celebrate the UK’s current position as a world leader in theatre and highlight the sector’s massive contribution to the cultural, social, educational and economic health of the nation. … Read more NLP attends Theatre 2016 Conference

Olivier Awards 2016

Last night the Royal Opera House hosted the prestigious Olivier Awards which honour the very best talent in the Theatre world. Big congratulations to friends of NLP – Gypsy, Showstoppers the Musical and Eleanor Lloyd Productions’ ‘Neil Gywnn’ on their wins!! Dame Judi Dench was undoubtedly the star of the evening as she cemented her … Read more Olivier Awards 2016

West End box office up 1.6% in 2015

According to West End Theatre Box office figures published last week by the Society of London Theatre (SOLT) , 2015 was a strong year for London theatres with rises in both revenue and average weekly attendance. London’s theatre’s took £633m at the box office in 2015, up 1.6% on the previous year, generating £105m in VAT … Read more West End box office up 1.6% in 2015

Evening Standard Theatre Awards

Last night the Evening Standard honoured the Theatre world at their annual awards ceremony at the Old Vic theatre. Nicole Kidman was named Best Actress for her role as pioneering British scientist Rosalind Franklin in the play Photograph 51. Picking up her award, she paid tribute to her scientist father who died in 2014. The … Read more Evening Standard Theatre Awards

Theatre Tax Relief- Autumn Update

Theatre Tax Relief (TTR) has been in play now for just over a year, so how is it shaping up in practice? Is the system working? To date we have submitted several claims totalling nearly £800,000, of which over £450,000 have been paid out, with many more in the pipeline. In the vast majority of … Read more Theatre Tax Relief- Autumn Update

Neville’s Island & NLP with first succesful Theatre Tax Relief Claim

Just before Christmas ‘The Stage’ ran an article about Neville’s Island having the first successful UK TTR claim, under our expert guidance. This is a great feather in our cap, as the leading UK Theatre accountants and advisors, and further shows us to be the number one place for domestic or international productions looking to … Read more Neville’s Island & NLP with first succesful Theatre Tax Relief Claim