Friend Partnership Limited

With several options available - from company cars and salary sacrifice schemes to car allowances - choosing the right approach can be difficult as each option is taxed differently and can have significantly different cost implications for both the employer and the employee.

So, how do you know which option is right for your business and your employees?

We’ve put together a guide covering the key differences between company cars, salary sacrifice and car allowances, helping you understand the pros, cons and tax implications of each.

Read the full guide here:

Company Car vs Salary Sacrifice vs Car Allowance Explained Compare company cars, salary sacrifice and car allowances to find the most cost-effective option. Explore tax, costs, benefits and key differences.

Behind every successful business is a story of people willing to take risks long before anyone else believes in them.

One meeting with Light & Sound Design's bank manager summed that up perfectly.

https://www.linkedin.com/pulse/what-four-music-industry-entrepreneurs-taught-me-belief-risk-ayqxe/

What Four Music Industry Entrepreneurs Taught Me About Belief, Risk and Success in Business Of all the artists our founder Denise Friend encountered through Light & Sound Design (L*D), the one who left the greatest impression on her was Tina Turner. Standing beside the lighting desk, arguably the best position in the arena, watching her command thousands while singing and dancing in heels

What started as one investment grew into decades of supporting clients across music, theatre and live entertainment, from global tours to productions in the West End and on Broadway.

In our latest article, our founder Denise Friend reflects on the experiences, relationships and lessons that shaped our long-standing commitment to the creative industries.

Read the full story here - https://lnkd.in/ekWnvZJe

Our Involvement in the Entertainment Industry Began in a Former Birmingham Bus Garage. The story goes back to our founder Denise Friend’s time at 3i Group plc (then known as Investors in Industry) and her first encounter with the the Heavy Metal scene in Birmingham - musicians, manufacturers and suppliers. It was a very interesting departure from the clients she had previously worke...

📊 HMRC Tax Receipts 2025/26 – A Quick Summary

HMRC's latest tax receipts provide an interesting snapshot of the UK's fiscal landscape, highlighting where government revenue is growing and the changing trends across Income Tax, Corporation Tax, VAT, Capital Gains Tax and more.

Understanding these figures isn't just about the numbers - it offers valuable insight into the wider economy and the challenges that may shape future tax policy.

Take a look at our quick summary and key takeaways here: https://friendpartnership.com/hmrc-tax-receipts-2025-26-a-quick-summary

🎭 Exciting news from our client Melting Pot!

Following a critically acclaimed world premiere at Edinburgh’s Royal Lyceum Theatre, ONE DAY - The Musical, is officially transferring to London’s West End.

Based on David Nicholls’ global bestselling novel, this breathtaking new musical will begin performances at the Garrick Theatre from 17 November 2026, bringing Emma and Dexter’s unforgettable story to a whole new audience.

The production reunites Jamie Muscato and Sharon Rose in their celebrated roles as Dex and Em, with a remarkable creative team led by David Greig, Abner and Amanda Ramirez, Jeremy Sams and director Max Webster.

A huge congratulations to Simon, Hanna and the entire Melting Pot team on this exciting next chapter for a production that has already captured audiences' hearts.

🎟️ Tickets are on sale now via onedaymusical.com

Do you know what your business is really worth?

Whether you're planning a sale, attracting investment, resolving a shareholder matter, undertaking succession planning, or simply looking to understand the value you've built, an accurate business valuation is essential.

Understanding value is often the first step towards creating more of it.
Find out more about our Business Valuation services: https://friendpartnership.com/business-valuation

Independent business valuation services tailored to you We offer expertise across accountancy, tax, corporate finance and forensic accounting to provide business valuations that are technically robust and independent

It was a pleasure to have our colleagues George Bradley and Daniel O'Brien attend The Stage's Future of Theatre Conference 2026 yesterday at Soho Theatre Walthamstow.

It was encouraging to hear such a diverse and passionate range of perspectives contributing to the conversation. Alongside the well-recognised challenges around funding cuts and their impact on the sector, discussions included how theatre can adapt to build crowds and cater to shifting audience expectations while becoming more inclusive and accessible from both the creative and commercial perspective.

As a firm of chartered accountants with over 40 years’ experience in live events, including theatre, we valued the opportunity to be part of these important discussions and to connect further with others across the industry.

Events like this highlight the importance of listening, evolving, and expanding who theatre is for as the sector moves forward.

Theatre Tax Relief: Supporting Creative Productions

Theatre Tax Relief offers valuable financial support to eligible production companies, enabling them to claim enhanced tax deductions or payable tax credits on qualifying expenditure. It’s a powerful way to reduce financial risk while improving cash flow across productions.

In the attached brochure, we outline:

➡️ The key qualifying criteria
➡️ What counts as core expenditure
➡️ The level of relief available, and
➡️ Working examples

If you’re involved in theatre production, understanding how to access this relief could make a meaningful difference to your project’s financial viability.