The CT600P is the creative industries supplementary page to the Company Tax Return. It is where a company claims the expenditure credits for film, television and video games, and the reliefs for theatre, orchestras and museum and gallery exhibitions.
Who completes it
A company that makes films, television programmes, animation or video games, or produces theatre, orchestral concerts or museum and gallery exhibitions, and claims one of the creative industry tax reliefs. The company claiming must be the one responsible for the production. Box 96 on the CT600 is ticked to say the page is attached.
What it asks for
- Expenditure credits (boxes P5 to P255): the Audio-Visual Expenditure Credit (AVEC) and the Video Games Expenditure Credit (VGEC). The credit is taxable and is worked through a six-step calculation to a payable amount.
- Additional-deduction reliefs (boxes P260 to P330): the theatre, orchestra and museum and gallery exhibition reliefs, and the older film, television and video games reliefs. These give an extra deduction, and a loss can be surrendered for a payable tax credit.
In Tax Optimiser
Enter the claim under Creative Industries in the Corp Tax workspace, which has a tab for each part of the form. Eligibility is not tested: the expenditure figures you enter are taken as correct. The CT600P is filed with the CT600.
Read more: CT600P and the creative industry reliefs.