Commentary

D7.1215 Film tax relief qualifying conditions—overview

Corporate tax
Corporate tax | Commentary

D7.1215 Film tax relief qualifying conditions—overview

Corporate tax | Commentary

Film tax relief

D7.1215 Film tax relief qualifying conditions—overview

Film tax relief (which had state aid approval under EU rules until April 20251) takes two forms, additional allowable deduction and film tax credit2. It is available to film production companies on expenditure incurred on a qualifying film that begins principal photography on or after 1 January 20073.

A film qualifies for relief if it:

  1.  

    •     meets the condition in respect of UK expenditure (see D7.1217)

  2.  

    •     is intended for theatrical release (see D7.1218), and

  3.  

    •     is certified as a British film (see D7.1219)

Anti-avoidance measures are in place to

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial