(9 years, 11 months ago)
Lords ChamberIf Barnett consequentials are appropriate, of course they will follow.
My Lords, I congratulate the Government on at last recognising the benefits in giving tax credits to children’s television productions, on which the Liberal Democrats, Pact and the Children’s Media Foundation have campaigned for many years. This is great news, as the industry has been in decline. When will the tax credit come into force? I declare an interest as a children’s television producer.
I thank my noble friend for that question. Obviously she was in my mind when we developed that measure. It will be part of the Finance Bill next year.