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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