questionText: 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.
answerText: 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...
heading: Video Games: Tax Allowances