5
Introduce 25% tax relief for P&A costs of films claiming Independent Film Tax Credit.
Recommendation
In the Autumn 2025 Budget, the Government should introduce a 25% tax relief for the Prints & Advertising (P&A) costs of films claiming the Independent Film Tax Credit, to support the distribution and exhibition of British films. (Recommendation, Paragraph 27)
Government Response
A response document is linked to this report, dated 3 July 2025. Response attribution to this recommendation has not been verified. Read the response document.
Source
Committee
Culture, Media and Sport Committee
Report
First Report - British film and high-end television
10 Apr 2025
HC 328
Addressee Bodies
Department for Culture, Media and Sport
Timeline
Recommendation age
1.4 yr
Report published
10 Apr 2025