The United Kingdom's Audio Visual Expenditure Credit (AVEC) is a refundable incentive with rates that vary by production type. Under the current program guidelines, feature films and high-end television earn 25.5%, independent films earn 39.75% (for budgets up to £23.5 million and qualifying spend up to £15 million), and children's television and animation earn 29.25%. An enhanced VFX rate of 29.25% applies, and from April 2025 VFX is exempt from the 80% core-expenditure cap.
Core expenditure is otherwise capped at 80% of the total. High-end television requires a minimum of £1 million per slot-hour, and at least 10% of core spend must be UK-based.
Qualifying requires passing the BFI cultural test (18 of 35 points) and using a UK production company. Upload your budget above to see your estimated UK credit line by line.
What is the UK AVEC rate?
Feature films and high-end TV earn 25.5%, independent films 39.75%, and children's TV and animation 29.25% under the current program guidelines.
Is the UK AVEC refundable?
Yes, the Audio Visual Expenditure Credit is refundable.
How does a production qualify in the UK?
By passing the BFI cultural test (18 of 35 points) and using a UK production company, with at least 10% of core spend UK-based.
How is VFX treated under AVEC?
An enhanced 29.25% VFX rate applies, and from April 2025 VFX is exempt from the 80% core-expenditure cap.
Figures reflect the program guidelines currently modeled by this calculator and are estimates only — not tax or legal advice. Confirm current rules with the relevant film office before making production decisions.