New tax breaks were announced for high-end TV, animation and games in the Budget, welcome news for the creative industries. The TV, animation and games industries should respond to the consultation paper to ensure a workable tax credit is introduced.
It is great to see the government recognising the importance of the UK creative industries which are integral to ensuring that the UK remains a centre for excellence in digital media and will hopefully help the growth of the UK economy.
Modelled on film tax relief: The consultation paper provides some useful insight into how the tax credits will operate. As widely expected and very sensibly the new tax credits will be largely modelled on the existing film tax credit regime and are...
