Part 15Film production
Chapter 3Film tax relief
Conditions of relief
1198UK expenditure
(1)
At least 25% of the core expenditure on the film incurred—
(a)
in the case of a British film other than a qualifying co-production, by the company, and
(b)
in the case of a qualifying co-production, by the co-producers,
must be UK expenditure.
(2)
The Treasury may by regulations amend the percentage specified in subsection (1).