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18 October 2010
Payments total £310m so far
Introduced in January 2007, film tax relief was designed to promote the sustainable production of British movies.
HMRC have published a summary of the take-up, cost and delivery of the relief, covering the whole period of operation up to the end of 2009/10.
It is based on information received by 31 May 2010 about claims received and payments made.
In brief, 720 film productions have become eligible for the new film tax relief since its inception, of which 455 film productions have made 700 claims, for a total of £340 million.
So far, 615 claims by 410 films have received payments totalling £310 million.
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