FPCM - Recent updates to the Film Production Company manual


Below are details of the amendments that were published on 28 July 2008 (see update index for all updates).

Section Details of update
FPC60010 Film Tax Relief: Claims: How relief is claimed – correction of cross-reference
FPC20240 Film Production Companies: Taxation: Profit/Loss calculation: Expenditure – timing – Clarification that film tax credit payments are not ‘income earned from the film’
FPC50130 Film Tax Relief: Eligible Expenditure: Ineligible expenditure – clarification of the treatment of bank charges relating to facilities needed for film-making activities
FPC60010 Film Tax Relief: Claims: How relief is claimed – correction of cross-reference