Empowering you to plan and make confident decisions

HMRC’s latest publication of deliberate tax defaulters is a timely reminder that film industry tax relief claims remain firmly under scrutiny, particularly where post-production arrangements appear artificial or inflated. The publication highlights the seriousness of HMRC’s current enforcement activity in this area and underlines the importance of ensuring that claims are supported by genuine commercial arrangements, robust documentation and defensible costings.

A small but important amendment to Incorporation Relief was included in the Autumn 2025 Budget, and many businesses may not yet be aware of its implications.

Following Ray McCann’s review of the Loan Charge and the recommendations set out within it, HMRC has now started to contact taxpayers who fall within scope of the new settlement terms.