Sugar: Taxation

(asked on )

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Culture, Media and Sport, what Government funding is given to the UK film industry; what contribution the UK film industry makes to the UK economy; and what steps the Government is taking to attract overseas film production and investment to the UK.


Answered by
Lord Vaizey of Didcot Portrait
Lord Vaizey of Didcot
This question was answered on 28th April 2014

In 2012-13 the Government provided around £80m in grant in aid and lottery funding to the British Film Institute (BFI) to support film in the UK, and paid out £205million in Film Tax Relief. The UK film industry makes a significant contribution to the UK economy, directly generating 43,900 jobs and contributing £1.6billion to national GDP (Oxford Economics Report 2012). The UK has one of the world's most generous film tax reliefs which attracted over £1billion in inward investment in 2013. Recent changes to the Film Tax Relief announced at Budget 2014 will also encourage further film production to the UK.

Reticulating Splines