The one im gonna be talking about today in this video is the money evolution guide to understanding your taxes. Just click the edit page button at the bottom of the page or learn more in the quotes submission guide. Fpc55100 film production company manual hmrc internal. A film production company fpc entitled to film tax relief ftr can claim an additional deduction in computing the taxable profits of the film making activities. Then the amount of income that you have between that 18,000 level and 75,000 is taxed at 15% and so on, so lets say youre concerned because maybe your income is gonna go from the 151,900 tax. Understanding tax incentives in the filmmaking industry. In may you will take on the role of lawrence red owl in order to learn how to complete form w4. Most productions taking advantage of outofstate incentives are llcs that arent incorporated in the states where theyre shooting, which means the production usually wont have any tax liability in the state where production occurred. So here we are, its almost the end of january, and were at that time again where. Understanding film tax incentives for indie filmmakers. Understanding film tax incentives for indie filmmakers in the following interview, youll discover the difference between a film tax credit and a film cash rebate so you can decide what works best for your film production.
1400 489 200 465 1548 1032 266 546 875 144 112 1145 630 1235 1453 1633 1019 350 720 851 1691 208 1640 822 550 707 1302 1243 809 877 171 58 1423 833 631 1280 764 156 1205 1111 1066 1305 510 1257