Using SPVs for Theatre Tax Relief (TTR) – How Special Purpose Vehicles Work | Myriad

Special Purpose Vehicles (SPVs) play a critical role in maximising Theatre Tax Relief (TTR) for UK theatre productions.

In this in-depth webinar, Barrie explains how SPVs work, when they are required, and how to structure them correctly to ensure HMRC compliance and optimal tax efficiency.

You’ll learn:

What a Special Purpose Vehicle (SPV) is and why it’s used in Theatre Tax Relief claims
How SPVs impact Theatre Tax Relief rates and qualifying expenditure
Common SPV structures for commercial, subsidised, and international productions
How to avoid trapped losses and maximise tax relief outcomes
HMRC compliance risks, legal agreements, and practical implementation
Payroll, contracts, production costs, and fund flow considerations

This session is essential viewing for theatre producers, production companies, accountants, and finance teams involved in claiming Theatre Tax Relief in the UK.

Additionally, discover how Myriad can support your entire process of claiming TTR with our expert services.

Webinar Chapters:

00:00 Introduction to SPVs and Theatre Tax Relief
00:28 What Is a Special Purpose Vehicle (SPV)?
02:23 Theatre Tax Relief (TTR) Rates and Benefits
04:35 SPV Structures for Theatre Tax Relief Compliance
08:33 Tax Efficiency and Legal Framework for SPVs
15:30 Funds Flow and Practical SPV Implementation
17:43 Supporting Theatre Tax Relief Claims (Overview)
25:44 Avoiding Trapped Losses Using SPVs
26:20 HMRC Compliance Checks for SPVs
28:01 Theatre Tax Relief for International Productions
28:32 Theatre Tax Relief Cost Phases Explained
30:35 Payroll and Contracts Within SPVs
32:09 SPV Compliance Risks and Common Issues
33:20 Legal and Corporate Services for SPVs
34:22 Managing Production Costs and Loans
35:30 Theatre Tax Relief Fundamentals and FAQs
39:29 Final Q&A and Key Takeaways

📚 Resources & Links:

👉 Slide deck: https://mcusercontent.com/bcc51c3ebb6...
👉 Learn more about TTR: https://www.myriadassociates.com/serv...
👉 Download our Free TTR Costing Spreadsheet: https://resources.myriadassociates.co...
👉 Read our Free TTR eBook: https://resources.myriadassociates.co...
👉 Book a Discovery Call: https://calendly.com/bjd-myriadassoci...

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Myriad is your go-to partner for a successful Theatre Tax Relief claim, from SPV structuring and compliance through to submission and HMRC enquiry support.

Our experienced team of application specialists, cost accountants, corporate tax experts, and TTR consultants have a reputation for helping UK theatre production companies claim value from government funding programs.

Let us help you claim TTR for your project today!

https://www.myriadassociates.com/cont...

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