Film accountancy advice
In the highly complex world of film finances, Tenon Media has carried out financial management for a number of US, UK and European film making production companies, film license distributors and film financiers, working on blockbusters, Hollywood films and art house titles alike. We have worked on such films as Love Actually, Bridget Jones' Diary, Casino Royale, The Da Vinci Code, The Bourne Ultimatum, Hot Fuzz, Stardust and The Golden Compass. We also act for individuals, advising clients who star in front and behind the camera.
Tenon financial and accounting services for the film industry
- > structuring advice for filmmakers in co-productions and Schedule 1 British qualifying films
- > helping maximise the UK Film Tax Credit available to British qualifying films
- > assistance with monitoring, compliance and liaison with The UK Film Council, auditors and accountant’s reports, letters of comfort to financiers
- > valuation of film rights
- > helping maximise UK tax benefits on film royalties
- > distribution and film royalty audits
- > advice on alternative sources of funding, including equity, soft money and bank gap for film finances
- > assistance with government sponsored incentives such as EIS and its application to film
- > tax advice regarding corporate structures, both UK and overseas
- > guidance on tax and social security-efficient filming in the UK and overseas
- > advice on withholding tax for film performers in the UK and overseas
- > VAT advice including assistance with registration company set-up, administration, annual accounts and auditing