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Film industry threats following budget

by isleofman.com 23rd March 2015
Last week's UK budget could make it a real problem for the Island's film industry to remain competitive.
That's the belief of Chief Minister Allan Bell.
George Osborne increased film tax relief to 25 per cent for all qualifying core expenditure, for all eligible film productions.
The distinction between limited budget films and all others has also been removed from April the first - subject to state aid approval by the European Commission.
Mr Bell says whilst Mr Osborne wasn't targeting the Island, we are going to be facing more competition.Clip 1
Posted by isleofman.com
Monday 23rd, March 2015 06:10pm.

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