It may sound daunting or too complicated to some but just to make it as clear as possible so you can take advantage of this great offer.
You can now claim 53% Tax Relief for your Indie Productions as long as you get your Certification from the BFI to say your film is culturally British and the Budget is reasonable.
BFI British Certification:
https://www.bfi.org.uk/apply-british-certification-tax-relief
What does that mean?
It means - Say you make your indie production for £10,000? Come April 2025 when it's time to fill in your tax, you can get back £5,300 of that budget you spent just by using that tax code. Let alone any other expenses.
Now let's say you make a film for £100,000 ...now you're getting back £53,000... it's suddenly a whopping amount. And this can be a very good tool for convincing potential financiers to budget your film. If they know that no matter what happens to the film..even if it's a massive flop...that they will get back 53% of their money regardless that is already taking risk out of the equation.
So Take advantage of it now! Get making your film! Or stretch your budget that bit further !