Updates: Creative Industries Expenditure Credit Manual
2025
Updated to include new CT600 boxes for 2025/26.
Updated throughout to add guidance for new boxes and amend guidance for repurposed boxes.
Claims: Company Tax Return overview
Added new boxes for 2025/26 CT600 to boxes list.
Updated to clarify UK used or consumed section and the distinction between vendors and production companies.
Added line to section 2 about how the save timer works on the form.
Claims: additional information form: section 5 - credit redemption
Added introductory section to explain new format of online form.
Claims: additional information form: section 5 - expenditure reporting
Updated throughout to reflect new format of the online form.
Claims: additional information form: section 5 - specific production details
Updated throughout to reflect new layout of online form.
Claims: additional information form: overview
Removed line about expenditure information on a per production type basis - it is now required for each individual production.
Eligible expenditure: UK expenditure: film and TV examples: post-production services
Added section on visual effects costs.
Expenditure credit calculation: overview
Added lines regarding additional VFX credit.
Expenditure credit calculation: step 5
Added note about additional VFX credit after percentage table.
Expenditure credit calculation: steps 1-2
Added note about relevant VFX expenditure to end of Step 1 section.
Expenditure credit redemption: overview
Added references to additional VFX credit in 'total amount of expenditure credit to be redeemed' section. Minor formatting changes.
Commencement and transition: commencement
Added section on additional VFX credit.
Chapter 6 - Expenditure credit calculation: contents
Added 'Additional credit for visual effects costs: contents' page to contents.
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