High End TV Drama Skills Levy
What is the High End TV Drama Skills Levy (HETV Levy)?
As part of the consultation with government on High End TV tax relief, the TV drama industry, represented by the TV Coalition, agreed to start a High End TV Drama Skills Levy – HETV Levy – with the intention of creating a sustainable funding legacy which would be used to directly support the next generation of High End TV talent.
To achieve this, it was agreed that all High End TV drama productions intending to take advantage of the UK high end tax relief would contribute to the skills levy which Creative Skillset would then manage.
In establishing and managing the skills levy, Creative Skillset set up the High End TV Council as governance and it works closely with the Council to help identify key training needs, set priorities and to develop relevant training programmes.
Over 90% of High End TV drama productions comply with paying the levy, including such productions as Sherlock, Humans and Outlander.
The five major UK broadcasters support the levy on both in-house and commissioned production, along with US companies such as HBO, Fox and ABC.
How is the High End TV Drama Skills Levy calculated and collected?
Eligible productions contribute 0.5% of the production's UK core expenditure (in sterling), up to a maximum contribution of £40,860 (the cap increases each year in line with RPI).
High End TV productions can choose to pay their contribution in full on the first day of principal photography, alternatively they can opt to pay in two halves, on the first and last day of principal photography.
The earlier you commit to contributing to the skills levy, the more opportunities your production could benefit from. It does NOT have to coincide with your application for tax credit.
The first step is to complete and submit this short form.
What is the High End TV Drama Skills Levy used for?
The funds are spent in several key areas, which are agreed with the High End TV Levy sub-committee annually, ratified by the wider High End TV Council and reviewed throughout the year. Click here to read The story so far – a reflection of some of the work that the High End TV council and HETV Levy has been doing.
The Funding Programme for 2016-17
See how companies are benefiting from the High End TV Drama Skills Levy
Who can I speak to about the High End TV Drama Skills Levy?
For more information about the High End TV Drama Skills Levy, please contact HETV@creativeskillset.org or call 020 7713 9800.
For more information about paying the levy, please contact Maja Wlodarczyk, HETV Co-ordinator at firstname.lastname@example.org or call 020 7713 9800.