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During the autumn budget, Rachel Reeves announced that both the lower and higher rates of the levy will increase each year over the next five years. The adjustment reflects a 27% rise in the consumer price index (CPI) from 2018 to 2024. Starting from 1 April 2025, the rates will be fur...
Budgeting for 2025: UK Tax Increases Impacting Film & TV Productions 11/26/2024 Learn how changes to UK payroll taxes and minimum wage rates will affect new and existing productions from... Topic: Payroll TaxMore UK Independent Film Tax Credit (IFTC) Approved: Key Updates for Producers 10/10...
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UK central bank has forecast weaker growth, higher inflation and rising unemployment February 6 2025 Media UK film and TV production jumps as Hollywood bounces back from strikes Pinewood, Leavesden and Elstree studios in demand as bases for Hollywood blockbusters ...
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Meanwhile, Sanjay Raja, senior economist for Deutsche Bank, cautioned over “pressure building” at the start of 2025 as a result of business taxes rising and a higher minimum wage. He said: “Looking ahead, we continue to see more upward pressure building – particularly within...