Jack Fishburn and Simon Radford weigh up the future for EIS funding in British film in the wake of the government's response to the Patient Capital Review
When Phillip Hammond got to his feet to deliver the 2017 Autumn Statement, perhaps no profession was holding its breath more than the UK's film producers relying on tax-advantaged funding. Last year, the British Film Institute, Britain's flagship funding body for cinema, awarded £82.8m to help make British films. At the same time, according to the EIS association, investors making use of the government's Enterprise Investment Scheme (EIS) put around £280m into the UK's independent cinema and television industry through a handful of the most popular tax products, triggering more than £80m...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes