Policy paper

Corporation Tax: high end Television Tax Relief

This Tax Information and Impact Note reduces the minimum UK expenditure requirement for Television Tax Relief (TTR) from 25% to 10%.

• From: HM Revenue & Customs
• Published: 18 March 2015

Documents

Corporation Tax: high end Television Tax Relief

PDF, 154 KB, 3 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This measure will reduce the minimum UK expenditure requirement for TTR from 25% to 10% and will modernise the cultural test, subject to state aid clearance. The reduction in the minimum UK expenditure requirement will also apply to the Animation Tax Relief. The measure will have effect for qualifying expenditure incurred on and after 1 April 2015, subject to state aid clearance.

Published 18 March 2015