Updates: Creative Industries Expenditure Credit Manual
2025
Qualifying productions: British productions
Added 'Certification as low-budget film' section
Qualifying productions: switching between theatrical release and broadcast intention
Added text to say that if a production changes type, companies may want to notify HMRC of this using the online form.
Qualifying productions: Overview
Added reference to new guidance on independent films.
Removed content relating to unpaid amounts. This guidance is now in CREC051000.
Eligible expenditure: relevant global expenditure
Added guidance on unpaid amounts.
Eligible expenditure: avoidance: recognition of expenditure and unpaid amounts
Updated unpaid amounts section and example to reflect changes made by the Finance Act 2025.
Expenditure credit calculation: step 5
Added independent films to the percentage table and clarified guidance on switching between productions.
Expenditure credit calculation: steps 1-2
Added 'Independent films' section and example.
Commencement and transition: commencement
Added 'Independent film' section
Chapter 2 - Qualifying productions: contents
Added independent films to contents.
Expenditure credit calculation: examples: contents
Added CREC063300 to contents.
2024
Creative Industries Expenditure Credit Manual
Adding Chapter 5 contents page
Creative Industries Expenditure Credit Manual
Adding Chapter 3 contents page
Creative Industries Expenditure Credit Manual
Adding Chapter 2 contents page
Creative Industries Expenditure Credit Manual
Adding Chapter 4 contents page
Expenditure credit redemption: treatment of amounts withheld at Step 2
Improved formatting for clarity
Claims: additional information form: overview
Adding webinar link.
Creative Industries Expenditure Credit Manual
Publish manual on GOV.UK
Publish to gov.uk
Adding Chapter 1 contents page
Chapter 6 - Expenditure credit calculation: contents
Publish
Chapter 7 - Expenditure credit redemption: contents
Publish
publish
Chapter 9 - Commencement and transition: contents
publish