Extra money to help British Film Commission promote TV tax credit
Extra funding for the British Film Commission (BFC) will help promote the UK’s TV tax credit if it’s launched in 2013. The BFC has partnered with UK Trade & Investment, giving it an extra GBP400,000 over two years to help attract more investment for the UK’s filming industries.
Adrian Wootton is Chief Executive of the British Film Commission and Film London: “We have seen huge investment from the US studios, which is in part thanks to the BFC having a dedicated team working directly with producers and decision makers in North America.
“This partnership will allow us to extend that remit, driving new investment in the UK. We have the facilities and the talent in the UK to welcome additional film and high-end TV production.”
The UK Government has launched a consultation on plans for a TV tax credit. If everything comes together the programme will likely be launched in early 2013, challenging places like Ireland, South Africa and Eastern Europe to host high-end TV production.
We have the facilities and the talent in the UK to welcome additional film and high-end TV production.
Adrian Wootton, British Film Commission and Film London
Production spending in the UK exceeded GBP1 billion in 2011 – up from GBP979 in 2010 – and the BFC will want the rise to continue in 2012. Within the last few months Pinewood Studios has opened its new 30,000-square-foot Richard Attenborough sound stage, Warner Brothers has re-opened Leavesden Studios after a major revamp, and Twickenham Film Studios has been confirmed as a continuing film production facility.
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