Filmbudget.com

Filmbudget.com
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Thursday, November 10, 2011

U.K. Prime Minister Commits to Film Tax Credit to 2015

by FilmBudget.com

U.K. Prime Minister David Cameron today announced his governments commitment to the 25% film tax credit through the end of 2015. Britain's film incentive has been an unparalleled success creating creative and box office hits "The Kings Speach", "Harry Potter" and the James Bond franchise.

Productions with a film budget of £20 million ($32 million) receive a 25% tax rebate and movie productions film budgeting higher can claim a 20% rebate. Cameron also remarked upon the $319,000 lottery backed film export fund to support British film internationally.


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