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Budget 2013: Funding for visual effects industry

The feature film and video game industry is to benefit from increased investment as well as a consultation on further support through the tax system, the Chancellor has announced.

Backed by the government, the Technology Strategy Board will launch a £15m fund to support producers of digital content within the UK.

Voluntary contributions to the Skills Investment Fund will be matched by the government over the next two years to support development of the necessary skills required for a competitive visual effects industry.

A public consultation has also been announced, that will consider where tax breaks could provide additional support to this high-tech sector.

For the latest news and analysis on Budget 2013, click HERE

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