§ Mr. BoswellTo ask the Chancellor of the Exchequer what the cost of tax relief on the production of British films was in each of the last five years broken down by scheme. [187141]
§ Dawn PrimaroloThe UK has a number of film tax reliefs that are designed to assist the production of British qualifying films, as certified by the Department for Culture, Media and Sport (DCMS). The estimated tax cost of Section 48 film tax relief is 440 million for the period 1997–98 to 2001–02 and the estimated costs for 2002–03 and 2003–04 are £300 million and £140 million respectively. The tax cost of the other film tax reliefs is estimated to be an additional £70 million a year.