Film Tax Relief
Since 2007, the UK film tax credit regime encourages producers to film their next big blockbuster here in the UK. As one of the most popular of the 8 creative industry reliefs, the regime offers beneficial tax relief to both UK film production companies and overseas productions coming to the UK. A production company can claim UK film tax relief if:
- The film is certified as British by the British Film Institute (the Cultural Test),
- It’s intended for theatrical release which, now includes direct to Over-The-Top media outlets such as Netflix
- At least 10% of the core film costs relate to UK activities