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‘Trom’ Creator Proposes “Independent Premium Tier” UK Tax Credit That Would Support Shows Made For Less Than £1M Per Hour
A UK film TV tax credit "independent premium tier" has been suggested by 'Trom' creator Torfinnur Jakupsson.
At present, shows that cost more than £1M per hour are handed a circa-25% rebate in the UK if they meet a cultural test, but Jákupsson believes the credit system needs to evolve to suit today’s market. “The current threshold, set over a decade ago, blocks access for smart scripted drama that is independently produced, regionally based, and sustainably made under £1M per hour,” he said. Jákupsson created Trom, a Faroese crime procedural that was picked up by networks across Europe including the BBC, while his GRÓ Studios recently opened a UK label.
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