{"id":23478,"date":"2024-11-11T10:18:38","date_gmt":"2024-11-11T09:18:38","guid":{"rendered":"https:\/\/intelligence.ensider.de\/?p=23478"},"modified":"2024-11-14T10:31:40","modified_gmt":"2024-11-14T09:31:40","slug":"uk-lures-film-producers-with-new-tax-benefits","status":"publish","type":"post","link":"https:\/\/intelligence.ensider.de\/en\/2024\/11\/11\/uk-lockt-filmproduzenten-mit-neuen-steuervorteilen\/","title":{"rendered":"UK lures film producers with new tax benefits"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"23478\" class=\"elementor elementor-23478\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eb8271d elementor-section-full_width elementor-section-height-default elementor-section-height-default creativo-sticky-disabled\" data-id=\"eb8271d\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;enable_creativo_sticky&quot;:&quot;disabled&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6bbcb817\" data-id=\"6bbcb817\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d041256 elementor-widget elementor-widget-heading\" data-id=\"d041256\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">The UK's Independent Film Tax Credit (IFTC) offers independent films with a budget of up to \u00a315 million a tax break of \u00a353%, which is a saving of around \u00a340% after tax. It is intended to strengthen independent film production in the country.<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-74b76af4 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"74b76af4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The new <strong>Independent Film Tax Credit (IFTC)<\/strong> The UK's new tax relief scheme, which is attracting a lot of attention at AFM 2024, offers significant tax relief to independent film producers. This new scheme allows films with budgets under \u00a315 million to receive an increased tax relief of \u00a353% on qualifying expenditure, which equates to around \u00a340% net relief.<\/p><p>The tax relief is intended to support independent producers in particular, who are suffering from rising production costs and uncertain market conditions. The UK hopes to attract international productions, particularly from the USA, where complicated tax benefits and high production costs are causing many producers to relocate their projects to the UK.<\/p><p>The IFTC will be available from April 2025 for productions that have started filming after 1 April 2024. To qualify, films must either employ British screenwriters or directors or be certified as official co-productions.<\/p><p>Despite the positive outlook, there are concerns about the practical implementation of the new regulations, as rising production costs and competition from US streaming services are increasing the pressure on the British film industry.<\/p><p><a href=\"https:\/\/www.filmtake.com\/production\/afm-2024-uks-new-tax-credit-sparks-interest-from-global-film-producers\/\">FILMTAKE<\/a> reports in detail.<\/p><p>Picture: \u00a9 Paxabay<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-6f80f46 e-flex e-con-boxed creativo-sticky-disabled e-con e-parent\" data-id=\"6f80f46\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;enable_creativo_sticky&quot;:&quot;disabled&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Die Independent Film Tax Credit (IFTC) des UK bietet unabh\u00e4ngigen Filmen mit einem Budget von bis zu 15 Millionen Pfund eine Steuerverg\u00fcnstigung von 53%, was nach Steuern etwa 40% Ersparnis&#8230;<\/p>","protected":false},"author":18,"featured_media":23479,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"single-minimal.php","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[51,53],"tags":[192,169],"class_list":["post-23478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-filmwirtschaft","category-news","tag-filmproduktion","tag-filmwirtschaft"],"acf":[],"_links":{"self":[{"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/posts\/23478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/comments?post=23478"}],"version-history":[{"count":4,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/posts\/23478\/revisions"}],"predecessor-version":[{"id":23483,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/posts\/23478\/revisions\/23483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/media\/23479"}],"wp:attachment":[{"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/media?parent=23478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/categories?post=23478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/intelligence.ensider.de\/en\/wp-json\/wp\/v2\/tags?post=23478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}