The arena of film financing in the UK has for a long time been regarded as a battlefield full of foolish heroes. None but the very brave, or very stupid, have been willing to invest in the British film industry without a suitable tax break.
Over the years, several different tax breaks have been propounded by the government of the day in an effort to boost a failing industry. One by one they have met the same fate due to the ingenuity of lawyers and accountants, who have pushed the tax breaks too far causing the incentives to be withdrawn.
