The Favourite is now officially a BAFTA favourite, leading the nominations race with 12 nods, including best film.
Olivia Colman, who stars as Queen Anne in the dark comedy drama, is up for best actress, with the nomination coming after her success at the Golden Globes.
Her co-stars Emma Stone and Rachel Weisz are both nominated in the best supporting actress category, while Yorgos Lanthimos is up for best director.
Queen biopic Bohemian Rhapsody, which also triumphed at the Globes, winning the best film and best actor awards, has seven BAFTA nods, tying with Roma and A Star Is Born, while Vice has six and BlacKkKlansman five.
Along with The Favourite, the best film nominees are BlacKkKlansman, Green Book, Roma and A Star Is Born.
A Star Is Born missed out on all but one of the five Golden Globes it was nominated for so will be hoping to fare better at the BAFTAs next month, with stars Bradley Cooper and Lady Gaga both up for awards.
In the best actress category, Colman and Gaga are up against Glenn Close for The Wife, Melissa McCarthy for Can You Ever Forgive Me? and Viola Davis for Widows.
In the running for best actor, Vice star Christian Bale is up against Rami Malek, for Bohemian Rhapsody, Cooper for A Star Is Born, Steve Coogan for Stan and Ollie, and Viggo Mortensen for Green Book.
Cooper has also received his first BAFTA directing nomination for A Star Is Born, his directorial debut, alongside Spike Lee for BlacKkKlansman, Pawel Pawlikowski for Cold War and Lanthimos for The Favourite.
The supporting actress nominees are Amy Adams, Claire Foy and Margot Robbie, for their roles in Vice, First Man and Mary, Queen of Scots respectively, alongside Weisz and Stone.
The supporting actor nominees are Adam Driver for BlacKkKlansman, Mahershala Ali for Green Book, Richard E Grant for Can You Ever Forgive Me?, Sam Rockwell for Vice and Timothee Chalamet for Beautiful Boy.
The Favourite is also in the running for the outstanding British film gong, alongside Beast, Bohemian Rhapsody, McQueen, Stan and Ollie, and You Were Never Really Here.
There was disappointment for Mary Poppins Returns, a sequel to the 1964 original, starring Emily Blunt, which received three nominations in the technical categories - original music, production design and costume design - but missed out in all of the major categories.
ABBA musical film Mamma Mia! Here We Go Again was also left off the shortlists.
In the acting categories, Mary Queen Of Scots star Saoirse Ronan did not make the leading actress nominees, despite being tipped for the gong, while Oscars favourite and Golden Globe winner Regina King was also absent from the list for her role in If Beale Street Could Talk.
The nominees were revealed by Black Mirror: Bandersnatch star Will Poulter, who won the BAFTA rising star award in 2014, and Hayley Squires, who was BAFTA nominated for her role in I, Daniel Blake.
Speaking after the announcement, the stars spoke to Sky News about their favourites on the shortlists.
Squires said A Star Is Born was her favourite film of 2018, describing it as "beautiful and simply told" with "fantastic" music and performances.
The nods for The Favourite and Olivia Colman also went down well with the British stars, while Poulter also referenced You Were Never Really Here, directed by Lynne Ramsay.
"She's a phenomenal director and we're very, very lucky to have her making such incredible films," he said.
Poulter also said that while awards "aren't the focus of your attention as an actor" they are "certainly a nice and very welcome by-product of what we do for a living".
The BAFTA rising star nominees were announced last week, with Letitia Wright, Jessie Buckley, Cynthia Erivo, Barry Keoghan and Lakeith Stanfield making the shortlist.
The Bafta Film Awards will be hosted by Joanna Lumley at London's Royal Albert Hall on 10 February.