HMRC and HM Treasury are reforming tax relief schemes for the audio-visual and video games industries, including adjustments to expenditure credits, visual effects relief, and new support for film distribution costs. The policy aims to incentivize domestic production and investment while ensuring cost-effectiveness, with recommendations for implementation at upcoming fiscal events.
Consultation on the 5% increase in Audio-Visual Expenditure Credit and removal of the 80% cap on qualifying expenditure, for UK visual effects costs.
Consultation on the 5% increase in Audio-Visual Expenditure Credit and removal of the 80% cap on qualifying expenditure, for UK visual effects costs.
Consultation on the 5% increase in Audio-Visual Expenditure Credit and removal of the 80% cap on qualifying expenditure, for UK visual effects costs.
Consultation on reforms to audio-visual tax reliefs. The proposals aim to simplify and modernise the reliefs, boost growth in the sectors and ensure the reliefs remain sustainable.
Consultation on reforms to audio-visual tax reliefs. The proposals aim to simplify and modernise the reliefs, boost growth in the sectors and ensure the reliefs remain sustainable.
Consultation on reforms to audio-visual tax reliefs. The proposals aim to simplify and modernise the reliefs, boost growth in the sectors and ensure the reliefs remain sustainable.
A consultation into a tax relief designed to encourage the creation of more and higher quality exhibitions, as well as to support touring of exhibitions across the country and abroad, raising the UK’s profile internationally.
A consultation on draft legislation to align taxation of free gaming in Remote Gaming Duty with that of free bets in General Betting Duty.
A consultation into a tax relief designed to encourage the creation of more and higher quality exhibitions, as well as to support touring of exhibitions across the country and abroad, raising the UK’s profile internationally.
A consultation on draft legislation to align taxation of free gaming in Remote Gaming Duty with that of free bets in General Betting Duty.
A consultation into a tax relief designed to encourage the creation of more and higher quality exhibitions, as well as to support touring of exhibitions across the country and abroad, raising the UK’s profile internationally.
A consultation on draft legislation to align taxation of free gaming in Remote Gaming Duty with that of free bets in General Betting Duty.
Seeking views on proposals for a new orchestra tax relief.
Seeking views on proposals for a new orchestra tax relief.
Seeking views on proposals for a new orchestra tax relief.