Boxed Accounting

🎥 Film Production Companies — Make the Most of Film Tax Relief

Film production companies can unlock major tax savings through Film Tax Relief (FTR).
If your film qualifies, you can claim:

✔️ Up to 80% additional tax deduction on qualifying core production costs
or
✔️ A payable tax credit of up to 20–25% of your production expenditure (depending on how much is surrendered)

To qualify, your production must:
• Pass the BFI cultural test and be certified as a British film
• Meet the UK expenditure condition (at least 10% of core spend incurred in the UK)

You can even claim relief for interim accounting periods, before the film is completed, as long as the certificates and cost breakdowns are submitted with your tax return.

If you’re not sure whether your project ticks all the boxes — we can walk you through the whole process and help you maximise the relief.