UK Tax Credit Sparks Global Interest at American Film Market
The UK’s new tax credit for independent film productions has caught the attention of global producers at this year’s American Film Market (AFM).
Representatives from the British Film Commission reported a surge in interest from international companies looking to shoot in the UK, thanks to the Audio-Visual Expenditure Credit (AVEC), which offers up to 53% relief for projects under £15 million.
With world-class crews, facilities, and competitive incentives now on offer, the UK is positioning itself as a prime destination for independent productions. Producers say the scheme makes the UK more attractive than ever for ambitious, low- to mid-budget projects.