Yesterday in the Autumn statement the chancellor announced some changes in the BFI's culture test, which is used to determine whether a film qualifies as British. If a film does qualify it can benefit from tax breaks among other perks.
The changes are as follows:
- an increase in the amount of tax relief rewarded if the film qualifies
- EU talent will be taken into account as long as the dialogue is in English
- a bigger emphasis on post production and visual effects
- only 10% of the film's budget must be spent in the UK (it used to be 25%)
- 18 points out of 35 are required to pass now (it used to be 16-31)
These changes show that the UK is trying to attract more co-production from America as well as Europe.
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