Children’s TV Tax Relief

Children’s Television Tax Relief is an added extension of high-end television and animation relief but designed to reward specifically the producers of children’s television programmes.

Tax Relief For The Children’s TV Industry

The aim of the scheme is to encourage and support the Children’s TV industry, boosting employment and innovation, and to continue the UK’s proud heritage in producing world-acclaimed creative material.

It was first introduced in 2015, with no cap at all on the amount able to be claimed, only on the amount of total production budget you can claim for (80%).

You can make, amend, or withdraw a claim for creative industry tax reliefs up to one year after the company’s filing date. 

The Company

How do I Qualify For Tax Relief?

There are certain criteria that need to be met to ensure that a company is eligible to claim Creative Industry Tax Relief, which are:

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Qualification 1

01

Be an Incorporated UK Company or have a permanent establishment that falls within the charge to UL Corporation Tax.

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Qualification 2

02

The Company must directly negotiate the contract and pay for rights, goods and services relating to the programme.

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Qualification 3

03

Have a company registered with Companies House, that is set up before recording begins.

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Qualification 4

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The CTPC must be responsible for all TV programme making such as production, planning and decision-making during pre-production, principal photography and post-production stages of the programme.

What Doesn't Qualify?

  • It is an advertisement or promotional programme.
  • It is news, current affairs or discussion programme.
  • It broadcast live events such as theatrical and artistic performances.
  • It is produced for the purpose of training.
Green Jellyfish Creative Industries Tax Relief

The Project

How do I Qualify For Tax Relief?

The project itself will need to be certified as British, by passing a cultural test or as an official co-production. There are 10 bi-lateral co-production treaties and some of these treaties will allow television co-production.

In terms of qualifying projects, there is also criteria that makes them eligible, which are:

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Qualification 1

01

Be at least 51% live-action (Any Animation projects will qualify under the Animation CITR Relief)

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Qualification 2

02

It consists of still or moving images or of legible text, or a combination of these.

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Qualification 3

03

It must be for children, specifically under 15 years old.

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Qualification 4

04

At least 10% of the core expenditure is UK expenditure.

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Qualification 5

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It is intended for broadcast, which includes internet broadcast.

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Qualification 6

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Gameshows/quizzes/contests will only qualify if the prize totals don’t exceed £1,000.

What Costs Qualify for Children’s TV Tax Relief?

To qualify for Creative Industry Tax Relief, you must have spent money on qualifying costs. It is important to note that you will not be able to claim for costs such as development, distribution, and other non-production related activity. 

Pre-production

Principal photography

Post-production

Green Jellyfish Creative Industries Tax Relief

Making A Claim

What Documentation Will I Need?

To make a claim, you will need to do this through the Company Tax system which means that the claim must be made in a Company Tax Return or an amendment to a Company Tax Return. This will require the following documents:

The Children’s TV Creative CITR allows production companies to claim up to 25% of all qualifying expenditure, there is no minimum expenditure requirement which makes it easy for smaller businesses to get rewarded for their projects.

An example would be that if your programme cost £100,000 to make, HMRC could reward you with a tax relief cheque for £25,000.

To find out more about Green jellyfish’s Creative Industry Tax Relief service for Children’s TV, contact us today.