U.K. Government Extends Animation Production Rebate
Animation UK campaigned for the increase in tax incentives and for the inclusion of animated theatrical release films, in addition to animated television programs.
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.
Slated to open in early 2023 with award-winning VFX Supervisor and Australian national Andrew Jackson at the helm, the studio will lead the visual effects production on George Miller’s highly anticipated ‘Mad Max’ prequel ‘Furiosa’ - coming in 2024.
Last year, 39 Irish animation projects received a value of €372 million Section 481 tax relief, reflecting industry’s rapid growth.