UK Tax Credit definition

UK Tax Credit means a credit against, relief or remission for, or repayment of any UK Tax.
Sample 1Sample 2Sample 3
UK Tax Credit means a credit against, relief or remission for, or repayment of any U.K. Tax.
Sample 1Sample 2
UK Tax Credit means a credit against, relief or remission for, or repayment of any UK Tax Deduction.
Sample 1Sample 2Sample 3

Examples of UK Tax Credit in a sentence

  • The UK Tax Credit Entitlement can only be accessed by the UK national or resident producer of the film through their UK production company.

  • If available, the UK Tax Credit Entitlement will be payable, either alongside or (if required by the other recouping financiers of the film) after the BFI’s recoupment of its production funding, into the Locked Box for the sole benefit of the UK Production company, who may draw-downthose funds for future development or production activity, or on staff skills training, subject to conditions.Further information on the BFI’s Locked Box initiative is available on the Locked Box page of the BFI website.

  • All new utilities shall be undergrounded and all work shall be completed before installation of street surfacing, if any.

  • In the event that the aggregate sum of the BFI Corridor Amount and the UK Tax Credit Entitlement (if applicable) and any Recycled Development Funding (if applicable) held in the BFI Locked Box for a film reaches£1,000,000, then the UK producer will no longer be entitled to any part of the BFI Corridor i.e. the UK producer’s share from the BFI Corridor will effectively be ‘switched off’.

  • The producer’s UK Tax Credit Entitlement will be paid directly by the collection agent for the project into the CS Locked-Box for the project.

  • This is known as the UK Tax Credit Entitlement, and it will only be available to the UK production company if the other recouping financiers of the film agree.

  • The BFI supports the UK production company being entitled to recoup an amount equal to the UK Tax Credit advance included in the final finance plan for the film (subject to a cap of the actual amount of the UK Tax Credit proceeds, if lower).

  • STUDENT is responsible for the apartment until move-out procedures have been completed (i.e., assessed housing charges paid in full, apartment vacated and cleaned, move-out walk-through completed, forwarding address given, and key(s) returned to the Verano Place Housing Office).

  • If, during the Annual Review, any urgent changes to the National Program Accreditation Components are identified by the Executive Director, in consultation with the Board and the GAC, a Comprehensive Review will be initiated, regardless of where TAC is in the five-year continuous improvement review cycle.

  • If available, the UK Tax Credit Entitlement will be payable, either alongside or (if required by the other recouping financiers of the film) after the BFI’s recoupment of the funding, into the Locked Box for the sole benefit of the UK production company, who may draw---down those funds for future development or production activity, or on staff skills training, subject to conditions.


More Definitions of UK Tax Credit

UK Tax Credit meaning the payable cash element constituting a tax credit pursuant to Part 15 of the Corporation Tax Act 2009 receivable by the Producer in respect of the Film to apply towards the costs of production of the Film. For the avoidance of doubt, the UK Tax Credit shall not form part of Gross Revenues.
Sample 1
UK Tax Credit means a credit against, relief or remission for, or repayment of, any Taxes. “U.K. Tax Deduction” means a deduction or withholding from a payment under any Loan Document for and on account of any Taxes other than a FATCA Deduction. “U.K. Tax Payment” means either the increase in a payment made by an English Borrower to a Lender under Section 3.2(b) or a payment under Section 3.2(c). “U.K. Treaty” has the meaning specified in the definition of “U.K. Treaty State”. “U.K. Treaty Lender” means a Lender which: (a) is treated as a resident of a U.K. Treaty State for the purposes of the relevant U.K. Treaty; (b) does not carry on a business in the U.K. through a permanent establishment with which that Lender’s participation in any advance is effectively connected; and (c) fulfils any other conditions which must be fulfilled under the relevant U.K. Treaty by residents of that U.K. Treaty State (subject to the completion of any necessary procedural or filing requirements) for such residents to obtain full exemption from U.K. taxation on interest payable to that Lender in respect of an advance under a Loan Document. “U.K. Treaty State” means a jurisdiction having a double taxation agreement (a “U.K. Treaty”) with the U.K. which makes provision for full exemption from tax imposed by the U.K. on interest. “Undisclosed Administration” means in relation to any Person, the appointment of an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official by a supervisory authority or regulator under or based on the law in the country where such Person is subject to home jurisdiction supervision if applicable law requires that such appointment is not to be publicly disclosed. “Unintentional Overadvance” means an Overadvance which, to the Administrative Agent’s knowledge, did not constitute an Overadvance when made but which has become an Overadvance resulting from changed circumstances beyond the control of the Administrative Agent, the Issuers and the Lenders, including, without limitation, a reduction in the Net Recovery Percentage of property or assets included in the Revolving Borrowing Base or the FILO Borrowing Base or misrepresentation by the Loan Parties. “Unrestricted Subsidiary” means (a) any Subsidiary of the Borrowers designated as an Unrestricted Subsidiary pursuant to Section 8.3 after the Closing Date, in each case, until such Person ceases to be an Unrestricted Subsidiary of Holdings in accordance with Section 8.3 ...
Sample 1
UK Tax Credit means a potential tax credit to UK Subsidiary provided under Part 13 of the United Kingdom Corporation Tax Act 2009 in relation to the accounting period beginning on January 1, 2011 through and including December 31, 2011 in respect of which such tax credit has been claimed by UK Subsidiary.
Sample 1

Related to UK Tax Credit

  • Input Tax Credit means the credit of input tax;

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document.

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • working tax credit means a working tax credit under section 10 of the Tax Credits Act 2002;

  • Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

  • UK Tax Confirmation means a confirmation by a Lender that the person beneficially entitled to interest payable to that Lender in respect of an advance under a Loan Document is either:

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Treaty Lender means a Lender which:

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Tax Refund means a refund of Taxes previously paid and any overpayment interest within the meaning of Section 6611 of the Code or any similar provision under applicable Tax Law (whether paid by way of a refund or credited against any liability for related Taxes).

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.

  • UK Treaty Lender means a Lender which:

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • CTA 2009 means the Corporation Tax Xxx 0000;

  • FATCA Deduction means a deduction or withholding from a payment under a Finance Document required by FATCA.

  • Agreement combined tax rate means the sum of the tax rates:

  • Canadian Tax Act means the Income Tax Act (Canada) and the regulations thereunder, as amended from time to time.

  • CTA 2010 means the Corporation Tax Xxx 0000;

  • Transaction Deductions means the sum of all items of loss or deduction for U.S. federal income tax purposes resulting from or attributable to (a) the payment of legal, financial advisory, accounting and other fees and expenses of the Group Companies (but not of Buyer) in connection with the transactions contemplated hereby, including the Seller Transaction Expenses and (b) any other payment contemplated by this Agreement that is in the nature of compensation for U.S. federal income tax purposes.

  • Foreign-going vessel means any vessel other than a coastal vessel.

  • Tax Asset means any loss, net operating loss, net capital loss, investment tax credit, foreign tax credit, charitable deduction, or any other credit or Tax attribute that could be carried forward or carried back to reduce Taxes.

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;