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Claritax News

Audio-visual creative reliefs – consultation – Autumn statement

28 Nov 2022

The government has announced a consultation on audio-visual creative reliefs. The following is an extract from the HM Treasury document CP751, entitled Autumn Statement 2022 (para. 5.53), with paragraph spacing added for greater clarity:

“The government is seeking to build upon the success of the audio-visual subset of the creative industry tax reliefs, covering film, animation, high-end TV, children’s TV and video games. 

The government will consult on a series of proposals that will go further to incentivise the production of culturally British content and support the growth of the audio-visual sectors, ensuring these highly skilled industries continue to thrive in the UK.”

Autumn statement document:

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118417/CCS1022065440-001_SECURE_HMT_Autumn_Statement_November_2022_Web_accessible__1_.pdf\

Consultation document:

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1118361/5082_consultation_audio_visual_reliefs_reform.pdf

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