Call for evidence on the UK visual effects sector
As announced in this year's Autumn Statement, the government will provide additional tax relief for expenditure on visual effects. The government intends to deliver through increasing the generosity of the Audio-Visual Expenditure Credit for visual expenditure.
The government intends to consult on the detailed policy design of further support and intends to implement changes to the expenditure credit from April 2025.
This call for evidence will inform the development of targeted proposals for how the government will achieve this.
It asks for evidence on recent trends in the visual effects industry and on the impact of the current structure of the film and high end TV tax reliefs on investment decisions.
How to contribute
The government wants to hear from all industries such as:
businesses in the film and high-end TV sectors
visual effects studios
business groups and trade associations
accountants and accountancy bodies
The call for evidence closes at 5pm on 10th January 2024.
Find out more about the call for evidence on the visual effects industry.
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