The latest tax relief scheme
for TV and video game makers should stimulate growth, but will it
work? Stephen Relf reports
From April, UK companies involved in the production of high-end
television programmes, animation or video games will benefit from
new tax reliefs designed to be among the most generous in the world.
In recent years, the trend has been for British programmes and video
games to be made overseas. This includes high-profile dramas such
as The Tudors (Republic of Ireland) and Birdsong (Hungary), and much-loved
animation including Thomas the Tank Engine (Canada) and Bob the Builder
(US). It is hoped that the new tax breaks will keep British programmes
and video games in the UK and encourage foreign companies to bring
work to the UK.
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