Film Tax Credits are government incentives designed to reduce the amount of tax that film production companies must pay. They allow you to either reduce your Corporation Tax bill or claim a payable tax credit, which can provide significant financial savings for your production.

To qualify for movie production tax credits in the UK, your film must meet specific criteria, including:

• Certification as British by the British Film Institute (BFI).
• At least 10% of your core costs must relate to activities in the UK. Our film tax credit advisory serviceshelp ensure that your project meets these eligibility requirements.

The BFI Cultural Test is used to certify a film as British. It’s a points-based system that assesses the film’s content, production location, and the nationality of key personnel. Your film must earn at least 18 out of 35 points to qualify for UK Film Tax Credits.

Yes, independent filmmakers are eligible for film tax credits. Our team specializes in helping independent filmmakers access the same benefits as larger production companies, ensuring that your project qualifies and that you receive the maximum tax relief.

Film Tax Credits can significantly lower your production costs by reducing your Corporation Tax liability or providing a payable tax credit. This allows you to reinvest the savings into your production, ensuring that you have the financial resources to complete your project.

We guide you through every step of the application process, from the initial consultation to submitting your claim. Our film tax credit consultants work closely with you to ensure that your project meets all criteria, maximizing your tax benefits.

While it’s possible to apply for film tax credits on your own, working with an experienced film tax credit consultant can help ensure that your claim is accurate, compliant, and optimized for maximum savings. We handle the complexities of the process so you can focus on your production.

If your film makes a loss, you can still benefit from Film Tax Relief by claiming a payable tax credit. This means you’ll receive money back from HMRC, which can be a valuable lifeline for productions that are running over budget.

Once your claim is submitted to HMRC, it typically takes around 40 days for the tax credits to be processed and received. Our team ensures that your claim is filed accurately and efficiently to minimize any delays.

To get started, easily contact us for an initial consultation. Our team will assess your project’s eligibility, guide you through the process, and help you claim the tax credits your film deserves.