(CTA 2009, Pt. 15, 15A, 15B and 15C and 15D)

(In-Depth: ¶714-000ff.)

Creative industry tax reliefs are a group of 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. The reliefs work by increasing the amount of allowable expenditure, which may be surrendered in exchange for a payable tax credit if the company makes a loss.

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