Thursday 31 January 2013
Statement from the British Film Commission following the Chancellor launching a public consultation to provide further support for the VFX industry through the tax system.
Adrian Wootton, Chief Executive of the British Film Commission and Film London said: “On behalf of the British Film Commission (BFC) we are delighted that, in addition to the incoming Creative Sector Tax Reliefs, the Chancellor has today announced further support for the UK’s creative sectors, and in particular the VFX industry.
There is no disputing the UK is a centre of VFX excellence. These new measures will ensure that we can continue to compete globally on a level playing field; and continue to attract the biggest and most technically challenging film and television projects to the UK. Public support for the creative industries has a successful legacy in the UK with the current Film Tax Relief delivering a return of £12 for every £1 invested by Government. This is further evidence of the Government’s commitment to and understanding of the long term potential and value of the UK’s Creative and Digital Sectors in terms of inward investment and jobs.”
For further press information, please contact:
Colette Geraghty, Acting Head of Film Promotion, Film London
T: +44 (0) 20 7613 7680
M: +44 (0) 7917 437 699