Yes this is why the uk is attractive to movie studios we offer big tax incentives
internetf1fan on
Thought tax cuts for companies don’t work? Perhaps laffer curve in action?
LetsAllMakeArt on
And in return they employ hundreds in the UK and help to prop up our arts industry.
AvatarIII on
But how much tax did it generate directly or indirectly?
BritishHobo on
>Studios filming in the UK get a cash reimbursement of up to 25.5% of the money they spend there with a total of £6.4bn paid out by HMRC since 2007.
So this record taxpayer cash is a quarter of the amount of money spent by Disney in the UK in this project? That seems a significant factor.
WeRW2020 on
I thought the Orange Rapist was putting a stop to American films being produced in other countries?
Impressive-Bird-6085 on
So Disney is an American film company that made a £3bn operating profit in 2024, yet the U.K. government sees for to throw £60m… All while bashing disabled benefits claimants and recipients and repeatedly seeking to slash disability benefits. Oh, and failing to pursue and demand that very wealthy and rich people pay their fair share of taxes. Where is the major clampdown on very wealthy and rich people evading paying their taxes? Where is the government pursuing major corporations that make huge profits but avoid taxes in the country?
The real scandal is *Corporate Welfare*…. Huge taxpayer subsidies being handed to already hugely profit making corporations that all to often provide low paid, insecure work… And or make considerable numbers of workers redundant, dumping cost on to the taxpayers through increased benefits claims, and bailouts for devalued staff pension funds. The taxpayer once again picking up the bill….
VOOLUL on
I’m all for things like this. The UK became a movie production powerhouse because of the incentives offered to make movies here.
This is what we should be doing for all our industries.
wsionynw on
What’s that? Like 1% of what the Tory thieves spent on unused PPE.
Mysterious-Jam-64 on
I’ve seen Deadpool vs Wolverine. We should really have given more.
gogul1980 on
My only criticism is that a lot of these movies are filmed on green screen and don’t showcase the UK as much. The Harry Potter inspired areas in edinburgh and similar places do great for tourism so it’d be nice to get more of that on show.
ii-_- on
This is such a non-story, obviously the benefit to that economy overall (both directly and indirectly) is going to make the £60m worth it. How frustrating to read an article like that!
rythmicM on
Who promoted this story – oh it’s the Tax Payers Alliance….
Its almost like the article forgets the other thing that happened in July 2024.
XenorVernix on
So lower taxes on businesses does work? Someone needs to tell Reeves that.
dajamtart on
Worked on the set of this as an extra for a week and can confidently say they employed a ton of people for it. Productions like this are a net positive for the economy. It also allowed me to pay my rent.
16 Comments
Yes this is why the uk is attractive to movie studios we offer big tax incentives
Thought tax cuts for companies don’t work? Perhaps laffer curve in action?
And in return they employ hundreds in the UK and help to prop up our arts industry.
But how much tax did it generate directly or indirectly?
>Studios filming in the UK get a cash reimbursement of up to 25.5% of the money they spend there with a total of £6.4bn paid out by HMRC since 2007.
So this record taxpayer cash is a quarter of the amount of money spent by Disney in the UK in this project? That seems a significant factor.
I thought the Orange Rapist was putting a stop to American films being produced in other countries?
So Disney is an American film company that made a £3bn operating profit in 2024, yet the U.K. government sees for to throw £60m… All while bashing disabled benefits claimants and recipients and repeatedly seeking to slash disability benefits. Oh, and failing to pursue and demand that very wealthy and rich people pay their fair share of taxes. Where is the major clampdown on very wealthy and rich people evading paying their taxes? Where is the government pursuing major corporations that make huge profits but avoid taxes in the country?
The real scandal is *Corporate Welfare*…. Huge taxpayer subsidies being handed to already hugely profit making corporations that all to often provide low paid, insecure work… And or make considerable numbers of workers redundant, dumping cost on to the taxpayers through increased benefits claims, and bailouts for devalued staff pension funds. The taxpayer once again picking up the bill….
I’m all for things like this. The UK became a movie production powerhouse because of the incentives offered to make movies here.
This is what we should be doing for all our industries.
What’s that? Like 1% of what the Tory thieves spent on unused PPE.
I’ve seen Deadpool vs Wolverine. We should really have given more.
My only criticism is that a lot of these movies are filmed on green screen and don’t showcase the UK as much. The Harry Potter inspired areas in edinburgh and similar places do great for tourism so it’d be nice to get more of that on show.
This is such a non-story, obviously the benefit to that economy overall (both directly and indirectly) is going to make the £60m worth it. How frustrating to read an article like that!
Who promoted this story – oh it’s the Tax Payers Alliance….
To quote from the wiki:
The group was founded by political strategist [Matthew Elliott](https://en.wikipedia.org/wiki/Matthew_Elliott_(political_strategist)), who founded Eurosceptic think tank [Business for Britain](https://en.wikipedia.org/wiki/Business_for_Britain)[^([7])](https://en.wikipedia.org/wiki/TaxPayers%27_Alliance#cite_note-7) as well as [Conservative Friends of Russia](https://en.wikipedia.org/wiki/Conservative_Friends_of_Russia), [Big Brother Watch](https://en.wikipedia.org/wiki/Big_Brother_Watch) and the [NOtoAV](https://en.wikipedia.org/wiki/NOtoAV) campaign during the [2011 Alternative Vote referendum](https://en.wikipedia.org/wiki/2011_United_Kingdom_Alternative_Vote_referendum). In 2015, Elliot was appointed chief executive of the [Vote Leave](https://en.wikipedia.org/wiki/Vote_Leave) campaign to promote a [British withdrawal from the European Union](https://en.wikipedia.org/wiki/Brexit).[^([8])](https://en.wikipedia.org/wiki/TaxPayers%27_Alliance#cite_note-8)
Nuff said
Its almost like the article forgets the other thing that happened in July 2024.
So lower taxes on businesses does work? Someone needs to tell Reeves that.
Worked on the set of this as an extra for a week and can confidently say they employed a ton of people for it. Productions like this are a net positive for the economy. It also allowed me to pay my rent.