FPC10140 - Film Production Companies: Overview and general definitions: Meaning of ‘UK expenditure’

FA06/S35

For the purposes of the tax regime for film production introduced by FA06, UK expenditure on a film means expenditure on goods or services that are used or consumed in the United Kingdom.

Where it is necessary to apportion any expenditure between UK and non-UK elements the apportionment must be performed on a fair and reasonable basis.

See FPC50050 onwards for further details.