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Pinewood To Open Dedicated Production Hub For Indie Films
The hub will open next year.
The UK government gave the much-talked-about IFTC the greenlight this morning and confirmed that the relief will be available for qualifying films starting October 30. Under the new credit, first-time productions with a budget of up to £15 million will be eligible for a relief of 53% on their qualifying expenditure. In this highly competitive global market, we welcome the new IFTC and feel it is going to further consolidate the UK’s leading position in the screen industries.”
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