Commentary

D7.1201 Film production companies—introduction

Corporate tax
Corporate tax | Commentary

D7.1201 Film production companies—introduction

Corporate tax | Commentary

Division D7.12     Creative industries

For updates affecting this Division please see Part D0 Updates

Film production companies

D7.1201 Film production companies—introduction

The current film tax regime for companies was introduced by FA 20061 replacing the previous rules for companies2 and for individuals and partnerships3. The rules have been rewritten as part of the tax law rewrite to CTA 2009, Pt 15. Guidance on the regime can be found in HMRC's Film Production Company Manual and at www.hmrc.gov.uk/ct/forms-rates/claims/creative-industries.htm.

The CTA 2009, Pt 15 provisions generally apply for films that commenced principal photography on or after 1 January 20074 .

One of the aims

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