Financing / Crowdfunding : Increased UK VFX Film Tax Credit Rules Take Effect Jan. 1, 2025 by Jack Binder

Jack Binder

Increased UK VFX Film Tax Credit Rules Take Effect Jan. 1, 2025

VFX spend in the UK has increased as of Jan. 1 to 29.5% for big budget productions, and earns increased film tax credit under the new independent film tax credit rules. Good news for productions doing post and visual effects in the UK, or anywhere, if the spend meets the 10% of budget threshold.

Full details:

www.ukscreenalliance.co.uk/news/uk-visual-effects-tax-relief-uplift-comes-into-effect-on-new-years-day/

UK visual effects tax relief uplift comes into effect on New Year's Day | UK Screen Alliance
UK visual effects tax relief uplift comes into effect on New Year's Day | UK Screen Alliance
From today (1 January 2025), an increased rate of tax relief is now available for visual effects expenditure in the UK. UK Screen Alliance have long campaigned for a significant improvement in the scr…

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