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HMRC internal manual

Film Production Company Manual

Claims: amending returns

CTA2009/S1216

If the Film Production Company (FPC) is required to amend a return (or an assessment is required) to reflect the fact that the FPC was not entitled to Film Tax Relief (FTR) for a period (or was entitled to less FTR than it actually claimed) because of:

  • a loss of the film’s status a British film,
  • the level of UK expenditure failing to achieve 25% or 10% (whichever applies) of core expenditure, or
  • the film ceasing to be a limited-budget film

the normal time limits for amending returns and making assessments are overridden.

Where, under the amended return, the FPC is entitled to less relief than under the original return (either because the additional deduction reduced the tax it would otherwise have owed, or because it was paid Film Tax Credit) and therefore has to repay HMRC, interest may be due.