TTR60024 - Claims: additional information form - section 6: production details

Sections 4-6 will unlock depending on which reliefs or credits were chosen in section 3. 

Section 6 is required for claims to the cultural reliefs – theatre, orchestra and museums & galleries exhibition tax relief. If the company is making a claim for any of the audio-visual tax reliefs, or the expenditure credits, then they will also need to complete section 4 and/or section 5.

Cultural relief projects – information about specific productions 

For each individual production being claimed, the following information must be provided. Once these details and the expenditure totals have been provided for one production, the form gives users the opportunity to add details of further productions.

  • Production name  

This should be the current name of the production. 
 

  • Start date of the production phase 

This is the date on which the theatrical production, orchestral concert or exhibition enters production. This should be the date at which point the production has been given the green light to go ahead. It does not include any early period where speculative work is being undertaken and a decision is still to be made as to whether or not the production will go ahead. Please see TTR10130 for more information about the phases of production. 
 

  • Production status 

This is the status of the production at the end date of the accounting period covered by the form. It should not reference any progress made after this date. There are three options: 

- ongoing (where the production is still in development but is not yet complete) 
- complete  
- abandoned 

If the production has been abandoned, the form will ask for the date of abandonment. HMRC considers a theatrical production, orchestral concert or exhibition to be complete once the work to produce it has ended and it has entered the running phase. The production does not need to have closed down/ended its run to be complete. 
 

  • Date of the first public performance

  • Touring schedule details, if you intend to claim the touring rate for a production 

These must be uploaded as a separate document and include the number of performances, and the date and location of each performance.

  • Details of connected party transactions  

Expenditure incurred on connected party transactions will only qualify for relief if the transactions are disclosed to HMRC. The only way to disclose such transactions is by completing this step of the additional information form, for the accounting period in which that expenditure has been brought into account. 

The applicant must set out the number of different connected persons with whom the company has made transactions during the period, and the total value of all the connected party transactions in the period. They must then attach a document that lists out the following information for each transaction: 

  • Name of connected party
  • Date of transaction
  • Amount of expenditure
  • Description of goods/services provided 

In some cases, it will be acceptable to bundle multiple transactions of the same type, such as secondment of multiple employees paid at the same rate. A company should only bundle transactions together if it is reasonable to do so. HMRC may ask for a more detailed breakdown of transactions if needed, so companies should still make sure to keep a good record of all transactions with connected parties. 

Payments to connected parties must be made in accordance with the arm’s length principle. Please read our guidance on the connected party transaction rules (TTR55015) for more information. 

 

Expenditure totals 

Once the basic production details for a production have been provided, the user must provide some expenditure figures for the production. The form asks for the following, for each production:

  • Calculations upload 

This is an opportunity for companies to upload the remaining mandatory supporting evidence: 

  • a computation showing how the amount of additional deduction and tax credit has been calculated for each production 
  • a breakdown of production expenditure for each production, showing the distinction between core/non-core expenditure, UK/non-UK expenditure, and any excluded expenditure. 

For the expenditure breakdown, the level of appropriate detail will depend on the size of the budget.  Generally, the headings adopted by the production accountant are adequate.  The Creative Industries Unit can provide further advice if needed. 

HMRC has produced templates which companies can complete and submit to help them with this requirement. These templates can be downloaded through the form itself, or obtained by emailing creative.industries@hmrc.gov.uk or the BFI. 

Some productions will use European expenditure in place of UK expenditure. Please see TTR50090 to see if this applies. 
 

  • Core expenditure for the period 

This should be the amount of core expenditure brought into account for the period. It includes both UK and non-UK expenditure (or European and non-European, as appropriate). Core expenditure is expenditure on producing the production, exceptional running costs, and closing the production (TTR50010).

  • Core expenditure to date

This is the amount of core expenditure incurred in all accounting periods up to and including the period the company is currently claiming for. This amount must therefore be equal to or more than the core expenditure for the current claim period. If the user is completing the form for the first accounting period of the separate production trade, this amount should equal core expenditure for the accounting period, which was entered on the previous page.
 

  • Total UK core expenditure to date 

This box requires the amount of core expenditure to date that is also UK expenditure. UK expenditure is expenditure on goods and services used or consumed in the UK (TTR50080). 

Some productions will use European expenditure up to 1 April 2024 or 1 April 2025, and UK expenditure after that. Please see TTR50090 to see if this applies. 

 

  • Additional deductions for previous periods

The form will ask if the company has made an additional deduction for the same production in a previous accounting period. If the answer is yes, the company must enter the combined value of additional made for all periods up to and including the most recent period in which it made an additional deduction. It should not include the additional deduction for the current claim period – the form calculates that on the following page.

  • Additional deduction for the period 

This is the amount of additional deduction the company is claiming under the relevant cultural relief for the period. The additional deduction is the lesser of: 

  • UK expenditure 
  • 80% of the total core expenditure 

Where the production is taking place over multiple accounting periods, these figures are cumulative and the figures incurred to date should be compared (TTR55050). 

Some productions will use European expenditure in place of UK expenditure. Please see TTR50090 to see if this applies.

The form calculates this amount automatically and explains how it has done so. It asks the user to confirm the result.
 

  • Amount of loss surrendered for the period

This is the amount of loss that the company is surrendering in return for a tax credit for the current claim period. It is the lesser of

  • the amount of loss made in the separate production trade after making the additional deduction for the period, and
  • the amount of the additional deduction for the period

If the company has still made a profit after making the additional deduction, it should enter a zero.

Because of recent changes to the rates of credit, some companies will have to enter two losses for the period, each at a different rate. The form asks for each loss in turn and explains which part of the accounting period it relates to. See TTR10800 for more details.

  • Amount of tax credit claimed 

This is the amount of credit that the company is claiming in exchange for its surrenderable loss. It may not be the amount actually payable, as this is the amount before set-off against any other liabilities of the company. The form calculates this amount automatically and asks the user to confirm the result.


Expenditure totals table

After the user has entered the details for each production the company is claiming for and confirmed their answers, the form will show a table based on the expenditure totals entered or calculated for each production, with the combined totals for all productions in the bottom row. Users should check the figures and calculations carefully and go back and correct their answers if necessary.