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| UK VFX tax credit uplift starts on Jan 1st 2025 |
On 30 October 2024 the Chancellor of the Exchequer confirmed an increased tax incentive for spending on visual effects (“VFX”) in the UK - which has been warmly welcomed by the UK’s VFX industry.
From Jan 1st 2025, VFX spending in the UK will attract a net rebate of 29.25% and would be exempt from the overall 80% cap on spending eligible for film and TV tax relief.
VFX Tax Credit
The UK is now set to attract an additional £175 million per year of spending on VFX for film and TV, an increase of over 45%, and to create 2,800 new jobs. Claims for the rebate can be made from 1st April 2025.
Careers & Jobs Resources at Escape Studios
We have many resources available at Escape Studios aimed at helping our Escapees find work in the animation games and VFX industries.
The Escape Studios Animation Blog offers a personal view on the art of animation and visual effects. To apply for one of our courses, follow this link.
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| Houdini artists are much in demand |
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The Escape Studios Animation Blog offers a personal view on the art of animation and visual effects. To apply for one of our courses, follow this link.
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