Film Production Company Manual: recent changes
Below are details of the amendments that were published on 28 July 2008 (see update index for all updates).
|Section||Details of update|
|FPC20210||Film Production Companies: Taxation: Profit/Loss calculation: Income – nature – Clarification that film tax credit payments are not ‘income from the film’|
|FPC20240||Film Production Companies: Taxation: Profit/Loss calculation: Expenditure – timing – Clarification that film tax credit payments are not ‘income earned from the film’|
|FPC50130||Film Tax Relief: Eligible Expenditure: Ineligible expenditure – clarification of the treatment of bank charges relating to facilities needed for film-making activities|
|FPC60010||Film Tax Relief: Claims: How relief is claimed – correction of cross-reference|