Organisations including the UK Screen Alliance, British Film Commission, BFI and Bectu have reacted to Jeremy Hunts plan to provide more additional tax relief for expenditure on visual effects
By Jenny Priestley
Published: November 23, 2023
Organisations including the UK Screen Alliance, British Film Commission, BFI and Bectu have reacted to Jeremy Hunt's plan to provide more additional tax relief for expenditure on visual effects
target=_blank title=Share on LinkedIn class=share-linkedin>
As part of his Autumn Statement yesterday, chancellor Jeremy Hunt announced a number of proposals that will have an impact on the UK's TV and film industry.
Writing in the foreword to the consultation document, Hunt said: I can confirm that we will provide more additional tax relief for expenditure on visual effects, to boost the international competitiveness of the UK's offer .
The Treasury has issued a call for evidence to take what it describes as the first, crucial step towards this , and provide the government with the depth of understanding it needs to develop targeted proposals that will best serve the needs of the VFX industry.
The Statement also announced £500 million of investment across the next two years in compute power to help make the UK an AI powerhouse.
Hunt's announcement generally received a positive reaction from industry organisations.
Neil Hatton, CEO of UK Screen Alliance, which has long campaigned for reform to the UK's screen sector tax credits, said, This consultation and the promise of a more competitive incentive, should aim to position the UK as the first choice destination for VFX production for international film and TV. We are focussed on capturing a larger market share as global demand for VFX recovers, following the US actors' strike, and we aim to play a full part in growing the UK's creative industries towards the government's 2030 targets.
Adrian Wootton OBE, chief executive of the British Film Commission, described the chancellor's announcement as a clear recognition from government of the value of the UK's film and TV sector, at home and abroad .
The announcement of a call for evidence on how best to increase the generosity of the Audio-Visual Expenditure Credit for visual effects is hugely welcome and will further boost our world-leading sector's offer internationally. Our reliable fiscal incentives, recently enhanced and reconfirmed, will ensure our competitiveness, cost effectiveness and transparency. And our support for the industry via the British Film Commission's work has been recognised and maintained. It's a package of measures that rightly demonstrates confidence and backs growth in our phenomenal UK film and TV sector in a period of intensifying global competition.
Ben Roberts, BFI chief executive, added: The government's screen tax reliefs have been vital in bringing productions to the UK which in 2022 translated into a £6.27 billion spend on film and High-End television production alone. In the face of increasing international incentives, the enhanced credits with further funding to support the infrastructure through BFI Certification Unit and BFC, help to lay the foundations for continued growth and jobs. The consultation on additional tax relief for visual effects expenditure (VFX) to be delivered through the Audio-Visual Expenditure Credit underlines the increasing importance of digital skills and job opportunities within the workforce.
However, not everyone was pleased with the chancellor's announcement. Head of Bectu, Philippa Childs, described it as a missed opportunity to support the UK's creative sector and its workforce.
There is little in this statement that offers the protection and reassurance our members need, following another very difficult year of soaring costs, a continuing skills shortage and long periods of unpredictable employment, she added.
Some of our self-employed members may benefit from the abolition of Class 2 National Insurance contributions and the reduction of Class 4 contributions by 1 per cent, but these headline-grabbing promises offer little when considered alongside the bigger picture of an ongoing lack of investment in the sector, and freelance workers who are continually left out in the cold, she added.
Whilst the chancellor claims that this is an Autumn statement for growth', there is next to nothing in this budget that materially supports our world-class creative industries and a largely freelance workforce that is still reeling from the effects of the pandemic, the cost-of-living crisis and insecure employment.
Europe Stories
11/12/2025
Dalet, a leading provider of cloud-native, end-to-end media workflow solutions, ...
01/12/2025
The prequel to the global hit Sky Original mob crime saga, Gomorrah' is a s...
01/12/2025
Featuring Florence Welch, Red Hot Chilli Peppers' Flea, designer Bella Freud...
01/12/2025
Fox Corporation Chief Financial Officer Steve Tomsic to Participate in Upcoming ...
01/12/2025
Arvato Systems' Virtual Private Cloud (VPC) Receives BSI C5 Certification (T...
01/12/2025
Summary This short video gives you an summary of the changes in under two minutes.
--...
01/12/2025
As the festive season approaches, RT Supporting the Arts is proud to showcase a...
01/12/2025
Festive specials of Christmas in Kilmainham presented by Marty Whelan, High Road Low Road, Callan Kicks the Year and Keys to My Life
Ring in the New Year with ...
01/12/2025
Architect and television presenter Hugh Wallace, best known to RT audiences as a long-serving judge on Home of the Year, has died at the age of 68.
In a state...
28/11/2025
It's easy to ignore those little red update available badges. But when it ...
28/11/2025
Friday 28 November 2025
Sky Sports x Slawn drop limited-edition football jersey...
28/11/2025
Rohde & Schwarz shows resilience in a challenging environment, revenue exceeds t...
28/11/2025
Unwrapped: The Toy Show Appeal - airing this Sunday on RT One and RT Player- s...
27/11/2025
27 Nov 2025
GSMA brings M360 Eurasia 2026 to Samarkand in partnership with VEON...
27/11/2025
Tahar Rahim and Izuka Hoyle star in the gripping six-part Sky Original from Acad...
27/11/2025
Thursday 27 November 2025
Sky Arts Reveals the Nation's Greatest Basslines - and Queen Reign Supreme
The UK's most iconic basslines have been revealed...
27/11/2025
Rating reflects rating progress across areas including policies, diversity & inclusion, health & safety and Net Zero leadership
Winchester, UK, 27 November 202...
27/11/2025
What are the industry standards for Retail Media? Kathryn explains that certification is based on the IAB Europe Retail Media Measurement Standards and the IAB ...
27/11/2025
World champion boxer and Irish sporting icon Katie Taylor will be in studio this...
27/11/2025
Roblox, one of the world's most popular online gaming platforms for primary ...
26/11/2025
Book podcasts are booming. On Spotify, you'll find everything from celebrity book clubs to deep dives with bestselling authors. And in markets where audiobo...
26/11/2025
YouView Achieves Greenly Gold Certification for SustainabilityNov 26, 2025
YouView is proud to announce a Gold Certification award from Greenly for our perform...
25/11/2025
Tracy Bonareri Onchoke, an investigative journalist from Kenya is the winner of the Thomson Foundation's Young Journalist Award 2025.
The 26-year-old-sele...
25/11/2025
The best playlists, podcasts, and audiobooks bring a little extra magic to your daily routine. With new features and offerings, Spotify Premium delivers even mo...
25/11/2025
Comprehensive new research confirms what we already knew: Australian music fans love the quality, quantity, and access they have to new and local music on strea...
25/11/2025
Applicable Products
Objectives The purpose of this application note is to give a brief background on 5G (NR) wireless communication an explain the reason a SN...
25/11/2025
25. November 2025 Cecilia Pierron
Last week, we took part in OnDAM 2025, an educational conference fully dedicated to DAM, hosted by Activo Consulting. The ...
25/11/2025
25 Nov 2025
VEON's QazCode and MeetKai Sign Agreement to Power National LLM...
25/11/2025
UKTV has acquired a high-profile slate of US dramas from Paramount Global Conten...
25/11/2025
A symphony of genius, rivalry and vengeance, boldly reimagined from Peter Shaffe...
25/11/2025
Article courtesy of Cinematography World
Read the article
FilmLight has finalised the prestigious 2025 FilmLight Colour Awards jury and welcomed award-winning...
25/11/2025
Article courtesy of Prensario
Read the article
La serie fue dirigida por Juli n de Tavira, Rodrigo Santos, y David Leche Ruiz, con direcci n de fotograf a a...
25/11/2025
Article courtesy of The Hollywood Reporter
Read the article
The awards, celebr...
25/11/2025
Article courtesy of Televisual
Read the article
Already live in Los Angeles and rolling out in New York and London, Nara gives producers, colourists, conform ...
25/11/2025
Article courtesy of Digital Media World
Read the article
ARTONE post-house in Tokyo is the first facility in Japan to integrate Baselight M, choosing its prec...
25/11/2025
Article courtesy of The Hollywood Reporter
Read the article
Once hidden in post-production suites, the artists who make movies and TV shows look the way they ...
25/11/2025
Article courtesy of Deadline
Read the article
The Brutalist' & Bad Bunny's Nuevayol' Music Video Among 2025 FilmLight Colour Award Winners - Cam...
24/11/2025
Robyn made her long-awaited return to the stage this week, as Spotify and Acne Studios brought friends and top fans together for an unforgettable evening at the...
24/11/2025
After more than two years of redevelopment, FC Barcelona returned to its spiritual home on November 22, hosting Athletic Club in the first La Liga match at the ...
24/11/2025
24 Nov 2025
Kyivstar Launches Starlink Direct to Cell Satellite Connectivity in Ukraine Today's Launch Makes Ukraine the First Country in Europe Where Star...
24/11/2025
Ahead of the new ninth series of Dancing with the Stars, kicking off in January 2026, RT and Shinawil have announced the arrival of three new faces to the hit ...
21/11/2025
Fans have been counting down the days until the final theatrical chapter of Wicked is revealed. To celebrate the highly anticipated release of Wicked: For Good ...
21/11/2025
Last week, Spotify turned up the volume in Seoul with the return of Spotify Hous...
21/11/2025
Wiesbaden, November 21, 2025. The SGL Carbon site in Meitingen has reason to celebrate as one of its trainees received a special award. Elias Stemmer was honore...
21/11/2025
Sky Media's £2m award-winning sustainability initiative crowns its first charity as this year's standout changemakerFriday 21 November 2025
GoodGym nam...
21/11/2025
As COP30 draws to a close, the International Electrotechnical Commission (IEC), ...
20/11/2025
Your playlists are personal. They're the soundtracks to your road trips, your quiet mornings, and your biggest celebrations; collections of memories and dis...
20/11/2025
Spotify, uzun s redir zerine al t T rk m zik k lt r n n ikon haline gelmi ...
20/11/2025
For the first time, Spotify has teamed up with The Hollywood Reporter to cohost ...
Organisations including the UK Screen Alliance, British Film Commission, BFI and Bectu have reacted to Jeremy Hunts plan to provide more additional tax relief for expenditure on visual effects
