Daily Mail



FILM and TV chiefs are relieved the Chancellor retreated from proposed changes that could have seen Britain’s favourite shows disappear.

They feared Jeremy Hunt would increase the threshold at which shows qualify for tax breaks, hitting investment in UK production­s.

Production­s must cost £1m per hour to qualify for a rebate of 25pc and industry bodies and broadcaste­rs, including the BBC, ITV and Channel 4, urged Hunt to avoid an increase.

A rise would hit shows such as Call the Midwife ( pictured). But Hunt said he would maintain this £1m level, and reform the film and TV relief system, providing a rise in the tax breaks.

John McVay, of Pact, the UK’s main TV production trade body, said: ‘We are very pleased the Government has listened.’ Adrian Wootton, at the British Film Commission, said that it was ‘real recognitio­n’ of the industry’s growth and opportunit­y.

‘With increasing­ly intense internatio­nal competitio­n, we’re delighted to welcome this package, futureproo­fing the UK’s film, high-end TV and animation tax credits,’ he said.

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