What are the key benefits of the UK's film tax credit scheme for international co-productions?

The UK's film tax credit scheme is an "exceptional" incentive that has helped European filmmakers structure bigger films while maintaining cultural proximity, according to producers. It has also provided access to attractive financing sources, particularly for minority co-producers.

How has the Global Screen Fund impacted UK producers' ability to participate in international projects?

The Global Screen Fund, established after Brexit, has proven particularly valuable for UK producers seeking to participate in international co-productions, helping to make their "co-producing dreams come true" according to producer Emily Morgan.

What are some of the challenges faced by producers when assembling complex international co-productions?

Producers described structures ranging from two countries to as many as nine on a single film, highlighting the technical complexities. However, they emphasized that personal connections and trust matter more than contractual frameworks when selecting co-production partners.

Home / Arts and Entertainment / UK Tax Credits Lure International Co-Productions, Producers Praise Opportunities

UK Tax Credits Lure International Co-Productions, Producers Praise Opportunities

13 Oct

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Summary

UK's film tax credit scheme emerges as major draw for international co-productions
Producers highlight UK's "exceptional" tax credit and financing sources
Global Screen Fund helps UK producers participate in international projects

UK Tax Credits Lure International Co-Productions, Producers Praise Opportunities

According to a panel of leading producers at the BFI London Film Festival, the UK's film tax credit scheme has emerged as a major draw for international co-productions, helping the country shed its reputation for challenging legal structures and complex financing requirements.

Polish producer Klaudia Śmieja-Rostworowska of Madants Film noted that the British tax credit is "an exceptional one" that has enabled European filmmakers to understand how to structure bigger films while maintaining cultural proximity. "Great Britain comes with so many opportunities," she said, adding that "Great Britain is the first stop when we dream about Hollywood."