Tax Breaks Set Stage For More UK Blockbusters

Tax Breaks Set Stage For More UK Blockbusters

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Business, Architecture, Performing Arts

University

Hard

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The Chancellor is listening to the film industry and plans to offer greater support through tax credits. Productions like Agatha Raisin employ local crews, boosting the economy. The UK competes with American productions, with big films like James Bond and The Avengers filmed in the UK. A 25% tax relief for TV production will now apply to film production, aiming to attract more films to the UK. This benefits local economies and retains jobs. Financial incentives are expected to keep filmmakers focused on the UK.

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