SCHEDULES

SCHEDULE 4Tax relief for theatrical production

PART 2Consequential amendments

2ICTA

1

Section 826 of the Income and Corporation Taxes Act 1988 (interest on tax overpaid) is amended as follows.

2

In subsection (1), after paragraph (fb) insert—

fc

a payment of theatre tax credit falls to be made to a company; or

3

In subsection (3C), for “or video game tax credit” substitute “, video game tax credit or theatre tax credit”.

4

In subsection (8A)—

a

in paragraph (a) for “or (f)” substitute “(f), (fa), (fb) or (fc)”, and

b

in paragraph (b)(ii), after “video game tax credit” insert “or theatre tax credit”.

5

In subsection (8BA), after “video game tax credit” (in both places) insert “or theatre tax credit”.