UK government extends film tax relief until 2015
by Cineuropa
The British government has announced the extension the country’s film tax credit, which offers rebates of up to 25%, until the end of December 2015.
Prime Minister David Cameron (pictured) said, "I am delighted to announce the extension of film tax relief to the end of 2015, guaranteeing millions of pounds of support for the British film industry. The last year has seen massive success, both at home and abroad, for a whole host of U.K. films. I look forward to seeing the U.K. film industry continue to thrive over the coming years, supported by the government's film tax relief.”
Greg Dyke, Chair of the BFI, said: "This announcement will be greatly welcomed across the film industry and will give confidence, particularly amongst independent filmmakers, at a time when access to finance is increasingly difficult. Coming from the Prime Minister it is testament to the importance of film to Britain and Government’s commitment to the film industry here. British film is riding high, reaching new audiences, creating jobs and making a significant contribution to the economy – it is precisely this kind of support that is so vital to keep that momentum going."
The list of recent films to benefit from tax relief includes Brighton Rock [+see also:
trailer
film profile], Attack The Bloc [+see also:
trailer
film profile], the Harry Potter series and the new Bond film, Skyfall, whose principal photography began this week.
Did you enjoy reading this article? Please subscribe to our newsletter to receive more stories like this directly in your inbox.
