SolvedTPC50005 | Eligible expenditure: introduction
From HM Revenue & Customs · Television Production Company Manual
A Television Production Company (TPC) that qualifies for Television Tax Relief (TTR) in respect of a television programme is entitled to claim an additional deduction in computing the profit or loss arising from the separate trade of producing the programme.
The additional deduction is based on the amount of core expenditure that is UK expenditure.
The computation itself is described at TPC55000. The first step is determining:
the amount of core expenditure, and
the extent that core expenditure relates to services or goods ‘used or consumed in the UK’ (TPC50050).