For Producers
UK Film Tax Credit Calculator
Estimate the UK Audio-Visual Expenditure Credit at 34% (or 39% for confirmed animation), the Enhanced Independent Film Tax Credit at 53% (for projects at or below £23.5m, with UK company worldwide core expenditure at or below £15m), and the additional UK VFX credit at 39%.
Important: AVEC / IFTC / VFX claims must be made through a UK Film Production Company (FPC) and require BFI cultural certification.
Production & certification
Expenditure
Which figures drive which test
Normal UK production
- · Worldwide core production expenditure of the UK production company.
- · Of which UK expenditure.
- · Qualifying expenditure is the lower of the UK expenditure and the 80% cap.
Core production expenditure incurred by the UK Film Production Company, including both UK and non-UK expenditure.
The portion of the UK production company’s core expenditure relating to goods and services used or consumed in the UK.
Development, financing, distribution or other costs that do not form part of qualifying core expenditure.
Qualifying expenditure used
—
Calculated automatically as the lower of the UK expenditure and 80% of the worldwide core production expenditure.
Optional: additional UK VFX credit
Additional VFX credit can only be estimated in the completion or post-completion period.
Estimated net UK film incentive
Enter the worldwide core production expenditure and the UK expenditure to calculate the monetary estimate.
Potential credit route not yet determined.
Enter the core production expenditure to determine whether Standard AVEC, Animation AVEC or Enhanced AVEC / IFTC may apply.
General rate guide:
· Standard AVEC — 34% gross / 25.5% indicative net
· Animation AVEC — 39% gross / 29.25% indicative net
· Enhanced AVEC / IFTC — 53% gross / 39.75% indicative net
Eligibility / certification status
British cultural test not completed
Complete the optional cultural-test self-assessment to see whether the project appears to qualify for British certification.
Frequently asked questions
This calculator is for indicative planning only and does not replace legal, accounting, tax, or certification advice. Final eligibility and calculations depend on the project structure, HMRC review, and BFI cultural certification. See the disclaimer for full terms.