FPC40010 - Film Tax Relief: Qualifying films: Introduction
CTA2009/S1195
Any film production company (FPC) must apply the provisions of FA06/SCH4 to compute the taxable profits or losses pertaining to its activities in relation to a film.
But to be eligible for Film Tax Relief the film must meet each of three conditions:
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The film must be intended for theatrical release |
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The film must be certified as British |
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Not less than 25% of the core expenditure on the film must be UK expenditure |
