The Prime Minister has today announced the extension of film tax relief, the Government’s targeted tax break for the British film industry, until the end of December 2015. The film tax relief scheme promotes the sustainable production of culturally British films and in 2009/10 provided around £95 million of support to the British film industry, supporting over £1 billion of investment in 208 films.
Recent productions certified as British under the cultural test include films such as Brighton Rock, Attack the Block, StreetDance3D, Gnomeo & Juliet, Clash of the Titans, Horrid Henry 3D, Coriolanus and Harry Potter Deathly Hallows (Parts 1 and 2).
Prime Minister, David Cameron said: “I am delighted to announce the extension of film tax relief to the end of 2015, guaranteeing millions of pounds of support for the British film industry. The last year has seen massive success, both at home and abroad, for a whole host of UK films. I look forward to seeing the UK film industry continue to thrive over the coming years, supported by the Government’s film tax relief.”