News story

Government provides 拢1.1 billion cash boost to creative sectors

New figures reveal how much Britain's creative and art sectors have benefitted from tax reliefs

This was published under the 2019 to 2022 Johnson Conservative government

Britain鈥檚 celebrated and world-leading creative and arts sectors have flourished in the last year thanks to 拢1.1 billion of support from government, official statistics showed today.

皇冠体育app award-winning TV series Killing Eve and the critically acclaimed film Phantom Thread are among the productions to have benefited from High-End TV and Film Tax Reliefs respectively.

Since these tax reliefs were introduced, 2,955 films, 485 TV productions and 1,075 videogames have benefited and, for the first time, museums and galleries exhibition tax relief has helped to showcase 300 exhibitions across the UK.

In 2016, the screen sector contributed almost 拢8 billion to the UK economy. In 2016, the film sector alone contributed over 拢1.71 billion of UK exports.

Jesse Norman, Financial Secretary to the Treasury, said:

皇冠体育app arts and creative industries make a vital contribution to the UK economy. 皇冠体育appse tax reliefs have helped support some astonishing and exciting work again this year, celebrating the very best of British culture.

Creative Sector Tax Reliefs were introduced to help UK businesses in these highly skilled and innovative sectors thrive at home and abroad. 皇冠体育app reliefs support jobs and economic activity in all parts of the UK.

Amanda Nevill, CEO at the BFI, which administers cultural tests for the screen sector tax reliefs, said:

皇冠体育app BFI鈥檚 Screen Business report 鈥楬ow screen tax reliefs power economic growth across the UK鈥� demonstrated how they are helping to drive one of our fastest-growing sectors, creating jobs across the UK, investment in innovation and delivering a strong return on investment to the UK economy with close to 拢8 billion spent annually on production.

UK-made films, television programmes and video games are international award-winners and are enjoyed by audiences at home and abroad.

皇冠体育app combination of an explosion in global demand for high-quality productions, our creative and technical excellence, and the UK鈥檚 supportive fiscal environment creates huge opportunities for our sector to grow further and boost the future prosperity of the UK.

Additional information

Check the full annual tax relief statistics.

Table 1: Creative sector tax reliefs awarded in 2018/19

Relief Number of projects Amount of relief paid (拢m)
Film 705 595
High-End Television 210 246
Animation 95 16
Video Games 535 103
Children鈥檚 Television 115 16
皇冠体育appatre 3,380 78
Orchestra 555 16
Museums and Galleries 300 4

Updates to this page

Published 7 August 2019