UK HM Treasury has launched a public consultation on additional tax relief for visual effects costs. The consultation closes at 11:59 pm on 22 May 2024.
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Consultation on additional tax relief for visual effects costs
Consultation description
At Spring Budget 2024, the government announced that UK visual effects costs in film and high-end programmes will receive a 5% increase in Audio-Visual Expenditure Credit (total rate 39%). UK visual effects costs will also be exempt from the Aud…