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.
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
07/10/2026
Dalet, a leading technology and service provider for media-rich organizations, today announced the latest Long-Term Supported (LTS) release of Dalet Flex. Build...
06/09/2026
June 9 2026, 23:00 (PDT) Dolby and MagentaTV Bring Fans Closer to the FIFA Worl...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
15/07/2026
The 2026 FIFA World Cup is a big deal for DAZN, which has distribution rights in three markets: Italy, Spain, and Japan. Each requires a different editorial app...
15/07/2026
As sports-media organizations manage rapidly growing content libraries and incre...
15/07/2026
HBS director of digital Johannes Franken talks SVG Europe through the operation built to serve FIFA World Cup 2026 rights holders remotely from Stratford, east ...
15/07/2026
IBC has unveiled the conference program for IBC2026, with this year's event ...
15/07/2026
Software-defined wideband RF platform supports 96-kHz monitoring, streamlined fr...
15/07/2026
New AI-powered module enables broadcasters and content owners to extract dialogu...
15/07/2026
Weeklong gathering at EBU headquarters will test new IPMX capabilities and expand certified product ecosystem...
15/07/2026
Force Tech has announced the appointment of Bryan Adams, CTS, as Vice President of Integration. Adams will oversee AV and broadcast integration project delivery...
15/07/2026
USA Sports has announced an exclusive English-language agreement with the Bundes...
15/07/2026
ITV Sport's FIFA World Cup 2026 coverage has been produced from one of the m...
15/07/2026
Program will provide professional camera kits, training, and technical support to participating local newsrooms...
15/07/2026
San Francisco church becomes first U.S. deployment of the 2 M/E production switcher...
15/07/2026
Former ESPN and NFL Network executive to advise startup league on media, distribution, technology, and fan engagement...
15/07/2026
The Houston-based RSN is the live-game home of the Astros and Rockets...
15/07/2026
Launched alongside new FreqSoft installer
Designed to bridge the gap between hardware and software, Freqport's FreqInOut FO1 unit provides a simple way ...
15/07/2026
Save up to 55% on software until 23 July 2026
Expressive E have just launched their Summer Offer sale, with discounts of up to 55% now applied across their ...
15/07/2026
Real-time stem-separation tool updated
zplane have recently released a new and improved version of their real-time stem-separation plug-in which they say ma...
15/07/2026
A new benchmark in bass enhancement
Described as a new benchmark in bass enhancement , Baby Audio's latest release has been designed to augment the lo...
15/07/2026
DMC Production's AR 1 and AR 2 units reverse the conventional OB workflow, keeping all production-critical processing at the venue while operators work remo...
15/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/07/2026
GigaCloud, a leading Ukrainian cloud service provider, and Cubbit, the first geo-distributed cloud storage enabler, today announced a new Business Alliance Part...
15/07/2026
SMPTE, the global society for media professionals, technologists, and engineers, has announced the launch of the SMPTE 110th Anniversary Campaign, a fundraising...
15/07/2026
Studio Technologies, a leading manufacturer of high-quality audio, video, and fiber-optic solutions, unveils the new StudioComm Model 762 Stereo Level Control, ...
15/07/2026
COW Jobs: Producer, Virtual Events - Hybrid, Full Time, Salaried
Brie Clayton July 15, 2026
0 Comments
Producer, Virtual Events (Hybrid | Full-time | ...
15/07/2026
Brazilian media organization builds nationwide CDN with Broadpeak's high-performance software for low-latency streaming and new content distribution service...
15/07/2026
DHD announces a new utility designed to increase the efficiency of its audio mixing systems during initial installation and subsequent configuration.
Anyone w...
15/07/2026
BCNEXXT Brings Next-Generation Vipe to IBC2026, Breaking the 1:1 Channel-to-Server Ratio New innovations liberate broadcasters from legacy playout infrastructur...
15/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
15/07/2026
Wednesday 15 July 2026
Screeners and press pack now available: Gomorrah: The Or...
15/07/2026
Trinity's Treasures features Ruth Negga, Eleanor McEvoy, and David Norris, a...
15/07/2026
Join geographer Dr Susan Hegarty, Engineer Tim Joyce and Architect Orla Murphy a...
15/07/2026
Home to leading manufacturers, robotics pioneers, infrastructure builders and gaming, of course, Japan is one of the world's centers of AI - building across...
14/07/2026
South end zone videoboard, cloud-based control system will be ready for 2026 football season...
14/07/2026
Redesigned website, enhanced mobile app unify content, ticketing, and personalized fan engagement...
14/07/2026
Agreement spans sponsorship sales, digital monetization, radio production, and new practice facility naming rights...
14/07/2026
Independent league adds 14 regional sports network affiliates, growing distribut...
14/07/2026
New strategy aims to unify competitions, content, fan engagement, and commercial...
14/07/2026
ESPN and Disney+ become exclusive home of PFL events in key international MMA market...
14/07/2026
Gill will oversee engineering, technology, and sports operations across the company's 64 local television stations...
14/07/2026
Submitted by North American Broadcasters Association (NABA)
As broadcasters con...
14/07/2026
Modernized mobile unit combines HOME Apps, mc 56 console, and IP infrastructure ...
14/07/2026
Every match of the 32-team tournament will air across ION and Scripps Sports platforms in English and Spanish...
14/07/2026
FloHockey to stream every game of the annual international tournament under four...
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
