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23/01/2012

UK Animators Call For Tax Breaks

UK animators are pleading for tax -breaks as they claim they can no longer compete with tax breaks offered overseas.
Animation UK, which represents producers including Aardman Animations and Astley Baker Davies, have written to George Osborne, Chancellor, warning him that Britain is losing its best animation talent and are urging him to “level the playing field”, according to Telegraph.
The companies behind Wallace and Gromit and Peppa Pig have said that they are not looking for handouts but need to be able to compete. They claim that animators overseas, particularly Ireland and Canada, where tax breaks and funding supply up to 50% of budgets have created "a distorted market place".
They are calling for an environment that allows them to compete on a level playing field with the rest of the world as they predict the UK animation industry will be wiped out altogether if a similar tax break can not be offered in the UK.
(LB)
VMI.TV Ltd

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