Policy paper

Corporation Tax: increasing the rate of Film Tax Relief

This Tax Information and Impact Note is about the increase of Film Tax Relief (FTR) to 25% for all qualifying core expenditure, for all eligible film productions.

Documents

Details

This measure will increase the rate of FTR to 25% for all qualifying core expenditure, for all eligible film productions. The distinction between limited budget films and all others will be removed. Subject to state aid approval by the European Commission, the changes will have effect on and after 1 April 2015 or the date of state aid approval, whichever is the later date.

Published 18 March 2015