Govt extends film tax relief to 2015

Film tax relief, the Government's targeted tax break for the British film industry, has been extended until the end of December 2015.

The scheme promotes the sustainable production of culturally British films and in 2009/10 provided some £95m of support to the British film industry, supporting over £1bn of investment in 208 films.

Prime Minister David Cameron said: "I am delighted to announce the extension of film tax relief to the end of 2015, guaranteeing millions of pounds of support for the British film industry.

"The last year has seen massive success, both at home and abroad, for a whole host of UK films. I look forward to seeing the UK film industry continue to thrive over the coming years, supported by the Government's film tax relief."

Exchequer Secretary to the Treasury, David Gauke, added: "The UK film industry makes a vital contribution both to the economy and cultural landscape and the Government is committed to supporting it through film tax relief."