U.K. Tax Credits and Co-Production Opportunities Take Center Stage at BFI London Film Festival Panel: ‘Great Britain Is the First Stop When we Dream About Hollywood’
The U.K.’s film tax credit scheme is emerging as a major draw for international co-productions, helping the country shed its reputation for challenging legal structures and complex financing requirements, according to a panel of leading producers at the BFI London Film Festival.
The praise for U.K. incentives came during a discussion on international co-productions at the festival’s industry forum, featuring producers behind several festival titles including “Sentimental Value,” “Orphan,” “Dreamers,” and “Diamonds in the Sand.”
Emily Morgan of London-based Quiddity Films emphasized the attraction of U.K. financing sources, particularly for minority co-producers. “The sources of money that come from here are attractive these days, and I think the crews are brilliant,” she said, while acknowledging that “there’s no denying that the legals are intense.”