TAX CREDIT
Independent Film Tax Credit (IFTC)
HMRC / BFI
Last verified 5 Apr 2026 · 14 days ago
10–53%
Cap per project
£15M
Max public funding
80%
Sessions/year
2
Payment timing
12 months
Reliability
Fair
Bankability
Selective
Territorial spend requirement
Minimum UK core spend requirement of 10%
10% of grant in regional spend
Overview
How to access expenditure credits or tax relief for film, television programmes and video games.
Eligible formats
documentaryanimation
Eligibility
Film must have started principal photography on or after 1 April 2024, have total core expenditure up to £23.5 million, meet creative connection requirement (British director, writer, or official co-production), pass cultural test or qualify as co-production, be intended for theatrical release, and have minimum 10% UK core spend.
● Co-production eligible● Cultural test required● VFX eligible
Upcoming deadlines
1 Jan 2027Application deadline
1 Apr 2027Application deadline
Programme contacts
- Stephanie Martinez— HMRC ContactStephanie.Martinez@hmrc.gov.uk
- Sutton Williams— HM Treasury ContactSuttonWilliams@hmtreasury.gov.uk
Source: HMRC / BFI · verified 5 Apr 2026