Corporation Tax Act 2009 section 1195

Availability and overview of film tax relief

Section 1195 sets out the conditions that must be met for a film production company to claim film tax relief and explains the forms in which the relief is given.

• Film tax relief is available to a qualifying film production company provided the film meets conditions relating to intended release or broadcast, British film certification, and a minimum level of UK expenditure.
• The relief takes two forms: additional deductions when calculating taxable profits or losses, and film tax credits.
• A company cannot claim film tax relief if it is already claiming R&D expenditure credit, relief for research and development expenditure, or television tax relief in respect of the same activities.
• All three qualifying conditions — intended release or broadcast, British film status, and UK expenditure — must be satisfied before the relief becomes available.