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The UK (previously European) expenditure condition

At least 10% from April 2024 (25% prior to April 2024) of the core expenditure must be on goods or services that are used or consumed in the UK (or provided from within the UK and EEA, referred to as 'European expenditure' in the legislation, prior to April 2024). The transition to the UK expenditure condition depends on when the production starts and whether it continues past 1 April 2025, see the transitional rules below which set out the details)¹. The Treasury may make regulations amending the percentage².

Any apportionment of expenditure as between UK and non-UK expenditure (between European expenditure and non-European expenditure prior to April 2024 - see the transitional rules below which set out when this change takes effect) must be made on a fair and reasonable basis³.

Core expenditure

Core expenditure means expenditure on the activities directly involved in specific phases of the production⁴:

1. Ìý

   •ÌýÌýÌýÌý producing the production (such as expenditure on costumes)

2. Ìý

   •