Increase in UK VFX Tax Incentive Confirmed
According to the Chancellor of the Exchequer, beginning January 1, the tax incentive will attract a net rebate of 29.25%; claims for the rebate can be made from April 1.
According to the Chancellor of the Exchequer, beginning January 1, the tax incentive will attract a net rebate of 29.25%; claims for the rebate can be made from April 1.
Animation UK campaigned for the increase in tax incentives and for the inclusion of animated theatrical release films, in addition to animated television programs.
UK Screen Alliance and Animation UK propose 25% tax relief increase to better compete in an international market and incentivize industries to remain in the U.K.