If you are thinking about buying a home or borrowing money, a good credit rating can be the difference between getting a good deal and a bad one. Having a high credit score can allow you access to lower-interest-rate loans and mortgages, as well as give you the eligibility to borrow more.

As a business owner, knowing which tax forms you need to complete or to collect from employees is vital and can be complex. The main US tax forms which are used in regards to employees is the W-8, W-9 and W-8BEN/ W-8BEN-E.

In this bite-size article our accountants have broken down the following:

· What is Tax Relief?

· What is the difference between Deductions, Credits, and Exemptions?

· What Type of Relief could an Actor/ Film Maker be Entitled too?

· How do I claim this Relief?

      As an SME in the Creative Industry in the United States, they are eligible to certain tax reliefs.  Like all SME’s in the US, an enterprise is eligible to a tax deduction for qualifying charitable donations.