News

U.K. eliminates TV tax breaks

The sudden removal of a tax relief scheme for television program-makers in the U.K. has left the British independent production sector reeling. According to John McVay, head of the Producers Alliance for Cinema and Television (PACT), the tax relief has put more than £200 million (US$290 million) of indie production sector money at risk.

June 1, 2002

The sudden removal of a tax relief scheme for television program-makers in the U.K. has left the British independent production sector reeling. According to John McVay, head of the Producers Alliance for Cinema and Television (PACT), the tax relief has put more than £200 million (US$290 million) of indie production sector money at risk.