{
  "url": "https://openlegislation.uk/finance-act-2024/schedule-2/paragraph-5",
  "json_url": "https://openlegislation.uk/finance-act-2024/schedule-2/paragraph-5.json",
  "legislation": "ukpga/2024/3",
  "legislation_title": "Finance Act 2024",
  "legislation_url": "https://openlegislation.uk/finance-act-2024",
  "path": "schedule/2/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": "CTA 2009",
  "text": "(1) CTA 2009 is amended as follows.\n(2) For sections 808 to 808E substitute—\n“Assets representing expenditure on separate creative production trade\n807A This Part does not apply to an intangible fixed asset held by a company treated as carrying on a separate trade under any of Parts 14A to 15E (production of films, television programmes, video games, theatrical productions, orchestral concerts and museum and gallery exhibitions), so far as the asset represents expenditure of that separate trade.”\n(3) In section 1040ZA (restrictions on claiming other reliefs where R&D relief given), before subsection (1) insert—\n“(A1) For provision prohibiting audiovisual expenditure credit or video game expenditure credit being given where relief is available under this Part, see sections 1179DT and 1179FL.”\n(4) In Schedule 4 (index of defined expressions), at the appropriate places insert—\n“\naccounting period (in Part 14A)\nsections 1179DY(1) (in relation to films and television programmes) and 1179FQ(1) (in relation to video games)\n”;\n“\nanimation (in Part 14A)\nsection 1179EA(3)\n”;\n“\naudiovisual expenditure credit\nsection 1179D(3)\n”;\n“\ncompany tax return (in Part 14A)\nsection 1179AC\n”;\n“\ncompleted (in Part 14A)\nsections 1179EB (in relation to films and television programmes) and 1179FS (in relation to video games)\n”;\n“\ncompletion period (in Part 14A)\nsections 1179DY(2) (in relation to films and television programmes) and 1179FQ(2) (in relation to video games)\n”;\n“\nco-producer (of a qualifying co-production) (in Part 14A)\nsection 1179DQ\n”;\n“\ncore expenditure\nsections 1179DS (in relation to films and television programmes) and 1179FK (in relation to video games)\n”;\n“\ndevelopment activities\nsection 1179FR\n”;\n“\ndevelopment company (in Part 14A)\nsection 1179FI\n”;\n“\nfilm (in Part 14A)\nsection 1179DA\n”;\n“\ngroup (in Part 14A)\nsection 1179AD\n”;\n“\nopt-in period (in Part 14A)\nsection 1179B(3)\n”;\n“\npre-completion period (in Part 14A)\nsections 1179DY(4) (in relation to films and television programmes) and 1179FQ(4) (in relation to video games)\n”;\n“\nprincipal photography (in Part 14A)\nsection 1179EA(2)\n”;\n“\nproduction (in Part 14A)\nsection 1179AA(9)\n”;\n“\nproduction activities (in Part 14A)\nsection 1179EA(1)\n”;\n“\nproduction company (in Part 14A)\nsection 1179DP\n”;\n“\nqualifying company (in Part 14A)\nsections 1179D(1) (in relation to films and television programmes) and 1179F(1) (in relation to video games); and see also section 1179BA(5)\n”;\n“\nqualifying co-production (in Part 14A)\nsection 1179DQ\n”;\n“\nqualifying film (in Part 14A)\nsection 1179DB\n”;\n“\nqualifying production (in Part 14A)\nsections 1179D(1) (in relation to films and television programmes) and 1179F(1) (in relation to video games); and see also section 1179BA(5)\n”;\n“\nqualifying television programme (in Part 14A)\nsection 1179DE\n”;\n“\nqualifying video game (in Part 14A)\nsection 1179FA\n”;\n“\nthe separate production trade (in Part 14A)\nsection 1179B(3)\n”;\n“\ntelevision programme (in Part 14A)\nsection 1179DD\n”;\n“\nUK expenditure (in Part 14A)\nsection 1179AB\n”;\n“\nvideo game expenditure credit\nsection 1179F(3)\n”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2024/3/schedule/2/paragraph/5",
    "retrieved_at": "2026-10-29T08:48:28.960167+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}