HM Treasury has issued a consultation document into proposed changes to the Animation, Film, Television and Video Games tax reliefs.

HMRC has effectively split the 8 Creative industry tax reliefs into 2 subsets:

1. The Audio Visual tax reliefs - Animation, Film, Television and Video Games tax reliefs, and

2. The Cultural tax reliefs - Museum and Galleries, Orchestra and Theatre tax reliefs  

These proposed changes, at least for the moment, apply only to the Audio Visual tax reliefs.

The consultation document can be found at: 

HM Treasury's consultation document

HM Treasury intends to implement the changes in Spring of 2024.

Responses are invited by the 9th February 2023 and can be sent to:

[email protected]