The audio-visual tax reliefs support and incentivise the production of culturally British film, animation, high-end TV, children’s TV and video games.
Much has changed since the introduction of the original film tax relief in 2007, and the creative industries are rapidly evolving, reflecting new cutting-edge technology and demands from the public for ever higher quality content. The government is seeking to build upon the success of the reliefs and go further to support the growth of the highly skilled and innovative audio-visual sectors.
The package of reforms proposed in this consultation aims to simplify and modernise the reliefs and ensure they boost growth in the audio-visual sectors whilst remaining fiscally sustainable. The government is interested in feedback from a wide range of sources, including individuals, companies, representative and professional bodies.