Jane Tranter, the co-founder of Doctor Who and His Dark Materials producer Bad Wolf, has called on the UK government to update British television tax credits to promote domestic investment.
Tranter, one of the UK’s most highly-regarded producers, said television’s voice “got lost” in the UK’s recent Spring Budget, which introduced a “game-changing” 40% British indie film relief.
Tranter said similar thought needs to be given to the existing TV tax incentive regime amid fears that the UK has become over-reliant on Hollywood investment.
She added that cuts at the BBC and ITV had exacerbated the situation. Tranter was giving evidence to UK Parliament’s Culture, Media and Sport Committee, which is examining challenges faced by the film and high-end television industry. “We need to look at some of the lower-end shows … which are too UK-focused to really attract any inward investment and they are becoming increasingly difficult to make,” Tranter said. “It’s gotten a bit out of whack.
Read more on deadline.com
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