To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential impact of the additional tax relief for visual effects on the visual effects industry.
At Spring Budget 2024, the government announced that from 1 April 2025, companies claiming the Audio-Visual Expenditure Credit (AVEC) will be able to receive a 5-percentage point increase in tax relief (a total rate of 39%) on UK visual effects costs in f...
Video Games: Tax Allowances