UK tax credit


High-end tax credits elevate record levels of UK production

High-end tax credits for the UK’s television sector generated a record £896.7m ($1.2bn) in 2016, and doubled local production in four years, according to a new report by The British Film Institute. The report has shown that an estimated £632m ($832m) in tax relief seeded £3.2bn ($4.2bn) in direct production spend across all screen sectors […]

Experts warn UK producers over drama tax credits

A pair of top British drama executives have warned UK producers could miss out on the benefits of the incoming UK tax credits system to US rivals. Justin Thomas-Glover and Patrick Irwin of new UK drama production finance consultancy Far Moor pointed to CBS-owned network Showtime’s decision to use the credit, which comes into play […]