Corporation Tax Act 2009 section 1098

Meaning of "qualifying Chapter 7 expenditure"

Section 1098 identifies the three categories of expenditure that qualify for relief under the film tax relief provisions of Chapter 7.

• This section defines which types of expenditure count as "qualifying Chapter 7 expenditure" for the purposes of film tax relief.
• There are three distinct categories of expenditure that can qualify for relief under these provisions.
• The definition is important because only expenditure falling within these qualifying categories is eligible for the tax relief available under Chapter 7.
• The section was amended by Finance Act 2016, section 47(2), which updated the qualifying expenditure rules.

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