TAX RELIEF ON UK FILM PRODUCTION
Early day motion 1297, tabled 26 May 2004 by Lord Mann (Labour). Signed by 38 members.
That this House welcomes provisions in the Finance Bill seeking to maintain support for a successful and sustainable British film industry through repayable tax reliefs whilst prohibiting tax avoidance vehicles deliberately designed to exploit such reliefs; and urges the Government to consider amendments to the Bill which will enable the continuation of all bona fide film financing vehicles wishing to invest in slates of British films that realise profit through worldwide distribution rights, as recommended previously by honourable Members of this House.
Signatures by party: Labour 26, Labour/Co-operative 4, Liberal Democrat 4, UUP 2, DUP 1, Plaid Cymru 1.