Showing posts with label tax credits. Show all posts
Showing posts with label tax credits. Show all posts

Thursday, 6 April 2023

UK Animation Tax Relief Increased to 39%

One less-reported aspect of the Chancellor's Spring budget here in the UK was an increase in the tax relief granted by HMRC for UK animation to a generous 39%

This appears to be in response to lobbying by the UK creative industries, who have long argued that the tax credit encourages UK animation production, and nurtures domestic talent and creativity.

Here at Animation Apprentice we are delighted that the Government is supporting the UK animation industry, and we welcome the news, which will surely boost UK animation production, and create a jobs pipeline for animation graduates in the UK. 

Saturday, 16 August 2014

How to Get The Taxman to Finance Your Independent Animated Feature Film


Anyone who has tried to raise money for a film project knows that this can be the hardest part of the whole enterprise. Yes, you may have a great idea, but finding the money needed to bring it to life is no easy task. For anyone in the UK trying to finance an independent film (and every self-respecting animator has a story in them somewhere) - a working knowledge of how the system works is pretty much essential. Sure, you will need a producer to help you out, but knowledge is power, so you need to get educated. One of the best ways to finance your film is called EIS - and it is an excellent way to get the taxman to help pay for your project.

Sunday, 13 April 2014

UK Cartoons boom - time for animators to polish their demo reels

Calamity Island. Shipwrecks... and penguins
According to an article in today's Guardian, the British cartooning industry is booming as never before, thanks in large part to the tax credits put in place by Chancellor George Osbourne in April 2013. CBeebies, the UK's most popular broadcaster of animated children's content, is apparently doubling its output, and it is largely local talent which will reap the rewards of this new boom in UK cartoon spending.