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Monday 13th December 2021

New report shows UK tax reliefs power unprecedented boom in UK screen industries

The report finds that record levels of production in the UK have resulted in £13.48 billion to UK economy and created 219,000 jobs.

Screen Business, a new independent report published today by the BFI, reveals the highest ever return on investment to the UK economy of £13.48 billion (GVA) from the UK’s government’s screen tax reliefs from 2017-2019. The in-depth triennial report shows the tax reliefs generated record-breaking levels of production and jobs; grew local businesses and infrastructure expansion across the UK’s nations and England’s regions; attracted record levels of inward investment; boosted exports of UK productions and services internationally; and created wider economic benefits for other industries, including tourism and retail.

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