-
UK Incentives Update: What HMRC's New Guidance Means for Your Production
Find out how HMRC's updated guidance on the UK Audio-visual Expenditure Credit (AVEC) could affect your tax credit claim. HMRC recently updated its UK Audio-visual Expenditure Credit (AVEC) guidance on a few areas that could affect the total value of claims and when expenditure is claimable. Change 1: Four-Month Rule…
-
The Producer's Guide to AVEC and the VFX Uplift
What productions need to know about the UK’s 29.25% AVEC + VFX uplift, including who qualifies, how to claim it, and the four major risks to avoid. Since shifting from the traditional Film Tax Relief (FTR) system to the Audio-Visual Expenditure Credit (AVEC), HMRC has begun the first phase of “future-proofing” the UK with…
-
What the UK Connected Party Transaction Rules Mean for AVEC Claims
Find out how the UK's connected party transaction rules affect incentive claims and what productions should consider when applying for the AVEC. When the UK’s Audio-visual Expenditure Credit (AVEC) went live in 2024, one of the headline elements was the enhanced reporting requirements around connected party transactions.…
-
How to Get Your Payroll Ready for Year-End: A Guide for UK Productions
Find out how UK production teams can streamline their payroll year-end and ensure a smooth transition to the new tax year. With the UK tax year ending on April 5, now is the time to start thinking about your final production payroll and doing those housekeeping jobs, so you can start the new tax year on the right foot…
-
Global Film & TV Production Incentive Updates: January 2026
From the Illinois tax credit overhaul to VFX incentives in the UK and Ireland, learn how jurisdictions across the globe are redefining their programs to capture the next wave of production spending. With 2025 behind us and 2026 ahead, the international production landscape continues to shift rapidly. From a massive…
-
A VAT Guide for UK Production Accountants: What You Can (and Can’t) Reclaim
In this practical guide to VAT, learn exactly what to reclaim, what to skip, and how SmartAccounting simplifies VAT management to ensure HMRC compliance. Navigating Value Added Tax (VAT) is essential for production accountants, assistant accountants and trainees working on UK film and TV productions. This guide breaks down…
-
SmartAccounting Supports UK Sustainability Guidelines
Learn how EP’s SmartAccounting helps UK productions meet BAFTA albert sustainability benchmarks with integrated carbon tracking and emissions compliance. The UK screen industry is in a new era of carbon accountability – one where sustainability reporting is increasingly expected by commissioners, broadcasters and…
-
The Producer's Guide to Virtual Production Space in the UK
Learn about the leading virtual production studios and stage spaces available to film and TV productions filming in the UK. UK productions are spoilt for choice when it comes to studio space. As well as state-of-the-art green screens, underwater tanks and sound stages, the UK offers a plethora of virtual production studios…