Nicola Simmons (Mishcon de Reya) examines the new tax reliefs introduced to promote more film production in the UK.
The UK government has been trying to make the UK an attractive location for film producers for some time now and this coming year is no exception. The focus this time is on the extremes: from high-end visual effects blockbusters to low budget indie films. So whichever your preference grab the popcorn turn off your mobile phones and get set to enjoy more of the magic of homegrown cinema – coming soon to a town near you!
We set out below those key tax reliefs and other UK tax consequences that film makers should consider.
Film tax relief
What is the benefit?
Through CTA 2009 Part 15 Chapter 3 Film Tax Relief (FTR) is an existing tax relief that reduces corporation tax...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Nicola Simmons (Mishcon de Reya) examines the new tax reliefs introduced to promote more film production in the UK.
The UK government has been trying to make the UK an attractive location for film producers for some time now and this coming year is no exception. The focus this time is on the extremes: from high-end visual effects blockbusters to low budget indie films. So whichever your preference grab the popcorn turn off your mobile phones and get set to enjoy more of the magic of homegrown cinema – coming soon to a town near you!
We set out below those key tax reliefs and other UK tax consequences that film makers should consider.
Film tax relief
What is the benefit?
Through CTA 2009 Part 15 Chapter 3 Film Tax Relief (FTR) is an existing tax relief that reduces corporation tax...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
