On 15 March 2023, Chancellor of the Exchequer Jeremy Hunt said he would reform the existing film and TV relief from a rebate of 25% of qualifying expenditure to a new “expenditure credit” of 34% from January 2024.
On 15 March 2023, Chancellor of the Exchequer Jeremy Hunt said he would reform the existing film and TV relief from a rebate of 25% of qualifying expenditure to a new “expenditure credit” of 34% from January 2024.
Source: UK increases Film & TV Tax Credits – Lexology