TPC50005 - Eligible expenditure: introduction

A Television Production Company (TPC) that qualifies for Television Tax Relief (TTR) in respect of a television programme is entitled to claim an additional deduction in computing the profit or loss arising from the separate trade of producing the programme.

»Ê¹ÚÌåÓýapp additional deduction is based on the amount of core expenditure that is UK expenditure.

»Ê¹ÚÌåÓýapp computation itself is described at TPC55000. »Ê¹ÚÌåÓýapp first step is determining:

  • the amount of core expenditure, and
  • the extent that core expenditure relates to services or goods ‘used or consumed in the UKâ€� (TPC50050).