Film Tax Reliefs 2020

• There were 300 British films completed in 2019-20 which claimed Film tax relief(FTR), with UK expenditure of £2.5 billion. These figures are likely to increase as more claims are received by HMRC.

• Since the relief was introduced in 2007, 3,470 films have made claims, accounting for £18.4 billion of UK expenditure. Each film may make several claims during the production process. One claim can also be made to cover several films.

• In 2019-20, £522 million of FTR was paid in response to 785 claims, representing 740 films.

• A total of £3.9 billion has been paid out to 6,080 claims since the current film tax relief was introduced in 2007.

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Source: HMRC, Creative Industries Statistics, August 2020