Section 1179DR — Corporation Tax Act 2009: Expenditure that qualifies for credit

Expenditure that qualifies for credit 1179DR 1 Expenditure incurred by the production company for a film or television programme counts as “ relevant production expenditure ” for the purposes of section 1179CA(2) if—

a it is core expenditure in relation to that film or television programme (see section 1179DS),

and b it is not excluded expenditure (see sections 1179DT and 1179DU).

2 But for the purposes of step 1 in section 1179CA(1) as it applies in relation to a certified low-budget film (see section 1179DJA(9))—

a no more than £15 million can count towards the total of the production company’s relevant global expenditure, and b UK expenditure counts towards that total before other expenditure.