Working in film and television offers exciting opportunities — but freelance income, short-term contracts and complex expense claims can make tax confusing.
Whether you’re a camera operator, producer, editor, runner or performer, understanding your tax position is crucial to avoid costly mistakes.
Here’s what every UK film and TV freelancer should know.
🎬 Am I Self-Employed or Should I Set Up a Limited Company?
Many creatives start as sole traders, but as income grows, forming a limited company can offer:
- Potential tax efficiency
- Greater credibility
- Limited liability protection
However, the right structure depends on:
- Income level
- Contract types
- IR35 status
- Future growth plans
If you’re unsure, our team can advise on the most tax-efficient structure for your circumstances.
📜 What Is IR35 and Does It Apply to Film & TV Freelancers?
IR35 rules apply where someone works like an employee but operates through a limited company.
In the film and TV industry:
- Short contracts are common
- Production companies may determine IR35 status
- Working through agencies can complicate matters
If a contract falls inside IR35, tax is deducted similar to PAYE.
If it’s outside IR35, you may benefit from more flexible tax planning.
Getting this wrong can result in significant tax liabilities — professional advice is essential.
💸 What Expenses Can Film & TV Freelancers Claim?
One of the most common questions creatives ask is:
“What can I claim as an allowable expense?”
You may be able to claim:
- Travel to temporary work locations
- Accommodation (if working away from home)
- Equipment (cameras, editing software, tools)
- Professional subscriptions
- Insurance
- Training directly related to your work
- Home office costs
However, HMRC rules are strict — especially around travel and subsistence.
Keeping accurate records is essential in case of enquiry.
🧾 Do I Need to Register for VAT?
If your turnover exceeds the VAT threshold (£90,000 — check current rates), registration is mandatory.
Some freelancers register voluntarily because:
- They work with VAT-registered production companies
- They want to reclaim VAT on equipment
However, VAT can add complexity and cash flow considerations.
We can advise whether VAT registration is beneficial in your situation.
📅 What Tax Deadlines Do Creative Freelancers Need to Know?
As a freelancer, you may need to manage:
- Self Assessment deadlines (31 January)
- Payments on account (31 January & 31 July)
- Corporation Tax deadlines (if limited company)
- VAT quarters (if registered)
Irregular income makes tax planning even more important.
Setting aside tax throughout the year avoids a stressful January bill.
🎥 How Can an Accountant Help Film & TV Professionals?
Creative industries often involve:
- Multiple income streams
- Agency payments
- Overseas work
- Short-term contracts
- High equipment costs
A specialist accountant can help you:
✔ Plan tax efficiently
✔ Structure your business correctly
✔ Stay compliant with IR35
✔ Claim legitimate expenses
✔ Avoid unexpected tax bills
Atreus Accountants work with freelancers and growing businesses across specialist sectors, including creative industries.
If you’re working in film or television and want clear, proactive tax advice, get in touch with our team today.