Bloomberg Tax
Nov. 17, 2022, 6:38 PM

UK Seeks Input on Reforming Film, TV, Video Game Tax Relief

Sam Edwards
Sam Edwards
Freelance Correspondent

The UK is asking for comments from businesses on plans to merge film and television tax relief measures into a single tax credit.

The UK Treasury said in a consultation launched Thursday that the eligibility requirements for film and high-end television tax relief have significant overlap. Its goal is to build on the tax relief provided “and go further to support the growth of the highly skilled and innovative audio-visual sectors.”

  • The government proposes to change the video game tax relief by removing two rules that were present under European Union state aid rules.
  • Both the subcontracting cap of £1 ...

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