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U.K. Increases Production Incentives To 25% For All Movies

Friday, August 21, 2015   (0 Comments)
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From Variety:

Enhancements to the U.K.’s Film Tax Relief, which were announced earlier this year, have been approved by the European Union, which allows them to pass into law. The changes mean that all British movies can receive a rebate of 25%...

Adrian Wootton, chief executive of the British Film Commission and Film London, said: "This is great news for the film industry and for the wider U.K. economy. Much has been written about the benefits of global filming incentives, and the U.K. Film Tax Relief is exceptional in combining a generous financial incentive with transparency, inclusivity and reliability. When you couple this with the U.K.’s world-class talent, cutting-edge infrastructure and stunning locations you have a truly unbeatable offer, and one that creates thousands of U.K. jobs and generates billions for the country’s economy.”

- Read the full article at Variety.com


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