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Incentive I

United Kingdom - Incentive I

NameUK - BFI Animation Tax relief
URLhttps://www.olffi.com/c/GBBFI03T
FundBritish Film Institute https://www.olffi.com/c/GBBFI
TypeProduction Incentive
ActivityProduction
Project typesTV series, TV single work, Web project
Nature of projectAnimation
Funding calculation % of QE upto25
Funding calculation infoTax relief is available on qualifying UK production expenditure on the lower of either: 80% of total core expenditure; or the actual UK core expenditure incurred.
Nature of fundingAutomatic
Who can applyForeign companies registered or with branch office in the country, National Production Company
Has cultural testYes
All year roundYes
When to apply infoDetailed guidance on the animation tax relief can be found on HMRC’s website.
RecoupableNot Recoupable
Tax typeTax Rebate
Financial supportNational Productions, Coproductions
Minimum qualifying expenses51 %
Minimum qualifying expenses infoof core expenditure must be spent on animation / 10% of core expenditure must be spent in the UK
Individuals paying income tax inUnited Kingdom
Foreign individuals paying income tax inUnited Kingdom
Service companies paying taxes inUnited Kingdom
Good & Services spent inUnited Kingdom

United Kingdom - Incentive I

NameUK - BFI Children’s Television Tax Relief
URLhttps://www.olffi.com/c/GBBFI05T
FundBritish Film Institute https://www.olffi.com/c/GBBFI
TypeProduction Incentive
ActivityProduction
Project typesTV series, TV single work
Nature of projectFiction, Animation
Funding calculation % of QE upto25
Funding calculation infoTax relief is available on qualifying UK production expenditure on the lower of either: 80% of total core expenditure; or the actual UK core expenditure incurred.
Nature of fundingAutomatic
Who can applyForeign companies registered or with branch office in the country, National Production Company
Who can apply infoThe children’s television production company (CTPC) responsible for the programme needs to be within the UK corporation tax net.
Other requirementsThe programme must not be one of the excluded programmes (a list of excluded programmes can be found on HMRC’s website).
All year roundYes
When to apply infoDetailed guidance on the children’s television tax relief can be found on HMRC’s website.
RecoupableNot Recoupable
Tax typeTax Rebate
Financial supportNational Productions, Coproductions
Minimum qualifying expenses51 %
Minimum qualifying expenses infoAt least 51% of the total core expenditure is on animation
Minimum local spending10% %
Minimum local spending infoAt least 10% of the core expenditure must be UK expenditure.
Individuals paying income tax inUnited Kingdom
Foreign individuals paying income tax inUnited Kingdom
Service companies paying taxes inUnited Kingdom
Good & Services spent inUnited Kingdom

United Kingdom - Incentive I

NameUK - BFI Film Tax Relief
URLhttps://www.olffi.com/c/GBBFI01T
FundBritish Film Institute https://www.olffi.com/c/GBBFI
TypeProduction Incentive
ActivityProduction
Project typesFeature Films
Nature of projectFiction, Animation, Documentary
Funding calculation % of QE upto25
Funding calculation infoTax relief is available on qualifying UK production expenditure on the lower of either: 80% of total core expenditure; or the actual UK core expenditure incurred.
Qualifying expenses infoQualifying core expenditure comprises: pre-production, principal photography and post-production(QE): pre-production / principal photography and post-production / Development, distribution or other non-production activities are not eligible
Nature of fundingAutomatic
Who can applyNational Production Company
Has cultural testYes
Other requirementsProduction company must qualify as UK Film Production Company (as defined by HMRC), within UK corporation tax net / Theatrical distribution
All year roundYes
When to apply infoOfficial coproductions must make an application at least 4 weeks prior to the start of principal photography
RecoupableNot Recoupable
Tax typeTax Rebate
Financial supportNational Productions, Coproductions
Minimum qualifying expenses10 %
Minimum qualifying expenses infoof core expenditure must be qualifying UK core expenditure
Individuals paying income tax inUnited Kingdom
Foreign individuals paying income tax inUnited Kingdom
Service companies paying taxes inUnited Kingdom
Good & Services spent inUnited Kingdom

United Kingdom - Incentive I

NameUK - BFI High-end Television (HETV) Tax Relief
URLhttps://www.olffi.com/c/GBBFI04T
FundBritish Film Institute https://www.olffi.com/c/GBBFI
TypeProduction Incentive
ActivityProduction
Project typesTV series, TV single work
Nature of projectFiction
Funding calculation % of QE upto25
Funding calculation infoTax relief is available on qualifying UK production expenditure on the lower of either: 80% of total core expenditure; or the actual UK core expenditure incurred.
Nature of fundingAutomatic
Who can applyForeign companies registered or with branch office in the country, National Production Company
Who can apply infoA Television Production Company (TPC) set up and registered at Companies House before principal photography begins.
Has cultural testYes
Other requirementsThe average qualifying production costs per hour of production length is not less than £1 million per hour (pro-rata)/ The programme slot lenth must be greater than 30 mins / must be intended for broadcast
All year roundYes
RecoupableRecoupable
Tax typeTax Rebate
Financial supportNational Productions, Coproductions
Minimum qualifying expenses10 %
Minimum qualifying expenses infoof core expenditure must be qualifying UK core expenditure. Core expenditure comprises: pre-production, principal photography and post-production / The average qualifying production costs per hour of production length is not less than £1 million per hour (pro-rata)
Individuals paying income tax inUnited Kingdom
Foreign individuals paying income tax inUnited Kingdom
Service companies paying taxes inUnited Kingdom
Good & Services spent inUnited Kingdom

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