Corporation Tax Act 2009 section 1216EB

The UK expenditure condition

Section 1216EB sets out the UK expenditure condition that must be satisfied for a company to claim special television relief, including the requirements for interim and final accounting periods and the consequences of failing to meet the condition.

• To claim relief in an interim period, the company must include in its tax return a statement of planned UK expenditure on the programme, indicating the UK expenditure condition will be met on completion.
• If it later becomes apparent that UK expenditure on completion will be too low, the company loses eligibility for all periods and must amend its tax return(s) accordingly.
• When the programme is completed or abandoned, the tax return for the final period must include a final statement of UK core expenditure on the programme.
• If the final statement shows that UK core expenditure is too low, or no final statement is provided, the company loses eligibility for all periods and must amend its tax return(s) accordingly.