Major jobs and growth boost for the British Film Industry announced by the Government

The UK government has unveiled enhanced tax relief for its independent film industry, providing up to 53% tax relief for productions costing under £15 million. This measure is expected to significantly boost job creation, economic growth, and the global reach of British storytelling. Independent productions and international co-productions are among the key beneficiaries, with the tax relief aiming to attract more investment into the UK’s creative sector.

The announcement coincides with the London Film Festival and signals the government’s dedication to fostering the creative industries, ensuring that British stories are represented globally while enhancing the sector’s economic impact.

For further details, read the full announcement here.