Avec will be phased in from the beginning of 2024.
The UK industry is breathing a cautious sigh of relief as the draft legislation of the reforms to the audio-visual creative tax reliefs published by the UK government on July 18 contained no surprises, according to accountants and sources at the British Film Institute (BFI) which administrates the relief.
The impact of the audio-visual expenditure credit (Avec) for film and high-end TV and video games expenditure credit (Vgec) system will mostly be felt by accountants, according to Dave Morrison, an accountant and tax specialist at Nyman Libson Paul specialising in film.
“For the accountants making the claims,...
The UK industry is breathing a cautious sigh of relief as the draft legislation of the reforms to the audio-visual creative tax reliefs published by the UK government on July 18 contained no surprises, according to accountants and sources at the British Film Institute (BFI) which administrates the relief.
The impact of the audio-visual expenditure credit (Avec) for film and high-end TV and video games expenditure credit (Vgec) system will mostly be felt by accountants, according to Dave Morrison, an accountant and tax specialist at Nyman Libson Paul specialising in film.
“For the accountants making the claims,...
- 7/19/2023
- by Geoffrey Macnab
- ScreenDaily
Beyond animation and children’s TV, there is little uplift and nothing new to help indie film producers.
Leading figures in the UK TV and film industry have given a broadly positive initial response to the government’s plan to reform the film and TV tax reliefs into an expenditure credits system ahead of a global restructure of the tax sector.
But some producers have expressed disappointment nothing has been introduced to further support the independent sector.
Under the new Audio-Visual Expenditure Credit (Avec), there will be a very slight increase in relief for film and TV, and a bigger...
Leading figures in the UK TV and film industry have given a broadly positive initial response to the government’s plan to reform the film and TV tax reliefs into an expenditure credits system ahead of a global restructure of the tax sector.
But some producers have expressed disappointment nothing has been introduced to further support the independent sector.
Under the new Audio-Visual Expenditure Credit (Avec), there will be a very slight increase in relief for film and TV, and a bigger...
- 3/16/2023
- by Geoffrey Macnab
- ScreenDaily
Eis schemes could come back into favour as two producers win significant court cases against tax authorities.
UK funding mechanism Enterprise Investment Scheme (Eis) could re-emerge as a viable tool for low-budget independent film financing following two courtroom victories by film companies against the UK tax authority, Hm Revenue and Customs (Hmrc), which had been trying to clamp down on the practice.
Separate tribunal judges each ruled in favour of Inferno Films Ltd and Cry Me A River Limited, and against Hmrc, in two recent First Tier Tribunal Tax Chamber cases.
Eis is a venture capital business designed so companies...
UK funding mechanism Enterprise Investment Scheme (Eis) could re-emerge as a viable tool for low-budget independent film financing following two courtroom victories by film companies against the UK tax authority, Hm Revenue and Customs (Hmrc), which had been trying to clamp down on the practice.
Separate tribunal judges each ruled in favour of Inferno Films Ltd and Cry Me A River Limited, and against Hmrc, in two recent First Tier Tribunal Tax Chamber cases.
Eis is a venture capital business designed so companies...
- 7/1/2022
- by Geoffrey Macnab
- ScreenDaily
“We have had two and a half years of hell” but the situation is now improving.
Relations between film financiers and the UK’s inland revenue department Hmrc came under focus at Screen’s Film Finance Forum in London on Thursday (December 5).
“We have had two and a half years of hell,” said accountant and film finance expert Dave Morrison, a partner at Nyman Libson Paul. He was talking about the great difficulty many have had in securing approvals and clearances from Hmrc since the changes to the rules governing the tax-based Enterprise Investment Scheme (Eis) were introduced in 2018.
However,...
Relations between film financiers and the UK’s inland revenue department Hmrc came under focus at Screen’s Film Finance Forum in London on Thursday (December 5).
“We have had two and a half years of hell,” said accountant and film finance expert Dave Morrison, a partner at Nyman Libson Paul. He was talking about the great difficulty many have had in securing approvals and clearances from Hmrc since the changes to the rules governing the tax-based Enterprise Investment Scheme (Eis) were introduced in 2018.
However,...
- 12/6/2019
- by 57¦Geoffrey Macnab¦41¦
- ScreenDaily
Screen’s UK Film Finance Forum takes place on December 5 at Everyman Broadgate.
Llewellyn Radley, managing director, UK, and executive vice president, international Stx Entertainment, Mary Burke, BFI senior production and development executive, and Danny Perkins, former CEO of Studiocanal UK and now co-founder of Elysian Film Group, have joined the Screen International’s UK Film Finance Forum taking place in London on December 5.
Radley and Perkins will join Andy Mayson, co-ceo of Altitude and Vanessa Saal, managing director, sales and distribution at Protagonist Pictures, to talk about how UK films play in the local and international market.
Burke joins Hugo Heppell,...
Llewellyn Radley, managing director, UK, and executive vice president, international Stx Entertainment, Mary Burke, BFI senior production and development executive, and Danny Perkins, former CEO of Studiocanal UK and now co-founder of Elysian Film Group, have joined the Screen International’s UK Film Finance Forum taking place in London on December 5.
Radley and Perkins will join Andy Mayson, co-ceo of Altitude and Vanessa Saal, managing director, sales and distribution at Protagonist Pictures, to talk about how UK films play in the local and international market.
Burke joins Hugo Heppell,...
- 12/2/2019
- ScreenDaily
They include producers Damian Jones and Melissa Parmenter, and Altitude co-ceo Andy Mayson.
Eight further speakers have been confirmed for Screen International’s UK Film Finance Forum taking place at Everyman Broadgate in London on December 5, 2019. They are:
Damian Jones - producer Andy Mayson - co-ceo, Altitude Hugo Heppell - head of investment, Screen Yorkshire Melissa Parmenter - producer Vanessa Saal - managing director, sales and distribution, Protagonist Pictures David Smith - director of screen, Screen Scotland John Glencross - CEO, Calculus Capital Catherine Davies - co-founder, producer and creative director, Skipyard Productions
They join previously announced speakers including producers...
Eight further speakers have been confirmed for Screen International’s UK Film Finance Forum taking place at Everyman Broadgate in London on December 5, 2019. They are:
Damian Jones - producer Andy Mayson - co-ceo, Altitude Hugo Heppell - head of investment, Screen Yorkshire Melissa Parmenter - producer Vanessa Saal - managing director, sales and distribution, Protagonist Pictures David Smith - director of screen, Screen Scotland John Glencross - CEO, Calculus Capital Catherine Davies - co-founder, producer and creative director, Skipyard Productions
They join previously announced speakers including producers...
- 11/26/2019
- by 14¦Screen staff¦0¦
- ScreenDaily
The event takes place at Everyman Broadgate in London on December 5, 2019.
Three new speakers have been confirmed for Screen International’s UK Film Finance Forum taking place at Everyman Broadgate in London on December 5, 2019.
They are: Nik Bower, co-founder of London-and Los Angeles-based financing outfit Riverstone Pictures; Dave Morrison, partner at London-based entertainment accountancy firm and Eis specialists Nyman Libson Paul (Nlp); and Celia Meirow, senior vice president, business development at London-based film and TV financier Anton.
They join previously announced speakers including producers Kevin Loader (The Personal History of David Copperfield) and Dominic Buchanan (The End Of The F...
Three new speakers have been confirmed for Screen International’s UK Film Finance Forum taking place at Everyman Broadgate in London on December 5, 2019.
They are: Nik Bower, co-founder of London-and Los Angeles-based financing outfit Riverstone Pictures; Dave Morrison, partner at London-based entertainment accountancy firm and Eis specialists Nyman Libson Paul (Nlp); and Celia Meirow, senior vice president, business development at London-based film and TV financier Anton.
They join previously announced speakers including producers Kevin Loader (The Personal History of David Copperfield) and Dominic Buchanan (The End Of The F...
- 11/21/2019
- by 14¦Screen staff¦0¦
- ScreenDaily
The event takes place at Everyman Broadgate in London on December 5, 2019.
Three new speakers have been confirmed for Screen International’s UK Film Finance Forum taking place at Everyman Broadgate in London on December 5, 2019.
They are: Nik Bower, co-founder of London-and Los Angeles-based financing outfit Riverstone Pictures; Dave Morrison, partner at London-based entertainment accountancy firm and Eis specialists Nyman Libson Paul (Nlp); and Celia Meirow, senior vice president, business development at London-based film and TV financier Anton.
They join previously announced speakers including producers Kevin Loader (The Personal History of David Copperfield) and Dominic Buchanan (The End Of The F...
Three new speakers have been confirmed for Screen International’s UK Film Finance Forum taking place at Everyman Broadgate in London on December 5, 2019.
They are: Nik Bower, co-founder of London-and Los Angeles-based financing outfit Riverstone Pictures; Dave Morrison, partner at London-based entertainment accountancy firm and Eis specialists Nyman Libson Paul (Nlp); and Celia Meirow, senior vice president, business development at London-based film and TV financier Anton.
They join previously announced speakers including producers Kevin Loader (The Personal History of David Copperfield) and Dominic Buchanan (The End Of The F...
- 11/21/2019
- by 14¦Screen staff¦0¦
- ScreenDaily
The event takes place at Everyman Broadgate in London on December 5, 2019.
Three new speakers have been confirmed for Screen International’s UK Film Finance Forum taking place at Everyman Broadgate in London on December 5, 2019.
They are: Nik Bower, co-founder of La-based financing outfit Riverstone Pictures; Dave Morrison, partner at Entertainment accountancy firm Nyman Libson Paul (Nlp); and Celia Meirow, senior vice president, business development at film and TV financiers Anton Corp.
They join previously announced speakers including producers Kevin Loader (The Death Of Stalin) and Dominic Buchanan (The End Of The F***ing World); Pioneer Pictures owner Ildiko Kemeny; Samantha Perahia,...
Three new speakers have been confirmed for Screen International’s UK Film Finance Forum taking place at Everyman Broadgate in London on December 5, 2019.
They are: Nik Bower, co-founder of La-based financing outfit Riverstone Pictures; Dave Morrison, partner at Entertainment accountancy firm Nyman Libson Paul (Nlp); and Celia Meirow, senior vice president, business development at film and TV financiers Anton Corp.
They join previously announced speakers including producers Kevin Loader (The Death Of Stalin) and Dominic Buchanan (The End Of The F***ing World); Pioneer Pictures owner Ildiko Kemeny; Samantha Perahia,...
- 11/21/2019
- by 14¦Screen staff¦0¦
- ScreenDaily
Concerns around market impact of a BFI-endorsd Eis fund.
Key figures in the UK film industry have given a generally positive response to the report from the BFI’s Commission on UK Independent Film which was published this week. However concerns were raised about some aspects.
John McVay, the chief executive of UK producers’ association Pact, suggested the Commission came into being partly as a result of Pact’s own report last year, ‘The State of the UK Independent Film Sector’, which highlighted the “parlous” state of the sector and recommended the UK’s film tax credit should be...
Key figures in the UK film industry have given a generally positive response to the report from the BFI’s Commission on UK Independent Film which was published this week. However concerns were raised about some aspects.
John McVay, the chief executive of UK producers’ association Pact, suggested the Commission came into being partly as a result of Pact’s own report last year, ‘The State of the UK Independent Film Sector’, which highlighted the “parlous” state of the sector and recommended the UK’s film tax credit should be...
- 7/19/2018
- by Geoffrey Macnab
- ScreenDaily
On a desolate, nearly ruined future Earth, Tom Cruise (Mission Impossible Franchise) and Academy Award® winner Morgan Freeman (The Dark Knight Rises, Wanted) star in the ground-breaking cinematic event Oblivion, a visually stunning, post- Apocalyptic thriller. A glimpse of a perilous future from visionary filmmaker Joseph Kosinski (Tron: Legacy) and the producers of Rise of the Planet of the Apes, Oblivion is “unlike anything you’ve ever seen” (Moviefanatic’s Joel Amos), as one man confronts his mysterious past in a journey of redemption and discovery.
Oblivion is available on Digital Now as well as Blu-ray™ Combo Pack with DVD, Digital including UltraViolet™, and On Demand on August 6, 2013, from Universal Studios Home Entertainment.
Here’s a special 10-minute preview:
Based on Kosinski’s acclaimed graphic novel, the film also stars Olga Kurylenko (Quantum of Solace, Seven Psychopaths), Andrea Riseborough (W.E., Happy-Go-Lucky), Nikolaj Coster- Waldau (Mama, “Game of Thrones”) and Oscar®-winner Melissa Leo (The Fighter,...
Oblivion is available on Digital Now as well as Blu-ray™ Combo Pack with DVD, Digital including UltraViolet™, and On Demand on August 6, 2013, from Universal Studios Home Entertainment.
Here’s a special 10-minute preview:
Based on Kosinski’s acclaimed graphic novel, the film also stars Olga Kurylenko (Quantum of Solace, Seven Psychopaths), Andrea Riseborough (W.E., Happy-Go-Lucky), Nikolaj Coster- Waldau (Mama, “Game of Thrones”) and Oscar®-winner Melissa Leo (The Fighter,...
- 7/29/2013
- by Movie Geeks
- WeAreMovieGeeks.com
In celebration of the upcoming release of Oblivion on Blu-ray and DVD on August 6th, here is a new image of a post-apocalyptic 2017 San Diego Convention Center in ruins, created by Andree Wallin, the concept illustrator for Oblivion.
Specially commissioned for this year’s convention, the image will be available as limited edition tote bags and handed out daily at the Geek magazine booth (#4014) with a special code word available via Geek magazine’s Twitter account.
More information at:
http://www.geekexchange.com/living-in-oblivion-get-an-exclusive-tote-bag-from-universal-and-geek-71039.html
On a desolate, nearly ruined future Earth, Tom Cruise (Mission Impossible Franchise) and Academy Award® winner Morgan Freeman (The Dark Knight Rises, Wanted) star in the ground-breaking cinematic event Oblivion, a visually stunning, post- Apocalyptic thriller. A glimpse of a perilous future from visionary filmmaker Joseph Kosinski (Tron: Legacy) and the producers of Rise of the Planet of the Apes, Oblivion is “unlike anything you...
Specially commissioned for this year’s convention, the image will be available as limited edition tote bags and handed out daily at the Geek magazine booth (#4014) with a special code word available via Geek magazine’s Twitter account.
More information at:
http://www.geekexchange.com/living-in-oblivion-get-an-exclusive-tote-bag-from-universal-and-geek-71039.html
On a desolate, nearly ruined future Earth, Tom Cruise (Mission Impossible Franchise) and Academy Award® winner Morgan Freeman (The Dark Knight Rises, Wanted) star in the ground-breaking cinematic event Oblivion, a visually stunning, post- Apocalyptic thriller. A glimpse of a perilous future from visionary filmmaker Joseph Kosinski (Tron: Legacy) and the producers of Rise of the Planet of the Apes, Oblivion is “unlike anything you...
- 7/15/2013
- by Michelle McCue
- WeAreMovieGeeks.com
We hope you made time to check out Tom Cruise’s Oblivion in theaters. If you loved it or if you missed it, the time for you check it out on Digital Download, Blu-ray or DVD has come. You can get it first on Digital Download July 23 or wait until August 6th for the Blu-ray or DVD. Here’s the press release with all the details.
Tom Cruise And Morgan Freeman Star In An Explosive Action Thriller From The Makers Of Tron: Legacy And Rise Of The Planet Of The Apes Oblivion Be The First To Own It On Digital July 23, 2013 A Must-see In Hi-def Available August 6, 2013 On Blu-ray™ Combo Pack With DVD & Digital Including Ultraviolet™ “A Mind-blowing Epic” – Scott Mantz, Access Hollywood
Universal City, California, June 4, 2013 – On a desolate, nearly ruined future Earth, Tom Cruise (Mission Impossible Franchise) and Academy Award® winner Morgan Freeman (The Dark Knight Rises, Wanted...
Tom Cruise And Morgan Freeman Star In An Explosive Action Thriller From The Makers Of Tron: Legacy And Rise Of The Planet Of The Apes Oblivion Be The First To Own It On Digital July 23, 2013 A Must-see In Hi-def Available August 6, 2013 On Blu-ray™ Combo Pack With DVD & Digital Including Ultraviolet™ “A Mind-blowing Epic” – Scott Mantz, Access Hollywood
Universal City, California, June 4, 2013 – On a desolate, nearly ruined future Earth, Tom Cruise (Mission Impossible Franchise) and Academy Award® winner Morgan Freeman (The Dark Knight Rises, Wanted...
- 6/6/2013
- by Jess Orso
- ScifiMafia
On a desolate, nearly ruined future Earth, Tom Cruise (Mission Impossible Franchise) and Academy Award® winner Morgan Freeman (The Dark Knight Rises, Wanted) star in the ground-breaking cinematic event Oblivion, a visually stunning, post- Apocalyptic thriller. A glimpse of a perilous future from visionary filmmaker Joseph Kosinski (Tron: Legacy) and the producers of Rise of the Planet of the Apes, Oblivion is “unlike anything you’ve ever seen” (Moviefanatic’s Joel Amos), as one man confronts his mysterious past in a journey of redemption and discovery.
Based on Kosinski’s acclaimed graphic novel, the film also stars Olga Kurylenko (Quantum of Solace, Seven Psychopaths), Andrea Riseborough (W.E., Happy-Go-Lucky), Nikolaj Coster- Waldau (Mama, “Game of Thrones”) and Oscar®-winner Melissa Leo (The Fighter, Frozen River). Oblivion will be available on Digital July 23, 2013 as well as Blu-ray™ Combo Pack with DVD, Digital including UltraViolet™, and On Demand on August 6, 2013, from Universal Studios Home Entertainment.
Based on Kosinski’s acclaimed graphic novel, the film also stars Olga Kurylenko (Quantum of Solace, Seven Psychopaths), Andrea Riseborough (W.E., Happy-Go-Lucky), Nikolaj Coster- Waldau (Mama, “Game of Thrones”) and Oscar®-winner Melissa Leo (The Fighter, Frozen River). Oblivion will be available on Digital July 23, 2013 as well as Blu-ray™ Combo Pack with DVD, Digital including UltraViolet™, and On Demand on August 6, 2013, from Universal Studios Home Entertainment.
- 6/4/2013
- by Michelle McCue
- WeAreMovieGeeks.com
Scheduled for an April 26, 2013 theatrical release, the first official synopsis has been released by Universal Pictures for Tom Cruise’s Oblivion – an original and groundbreaking cinematic event from the director of Tron: Legacy and the producer of Rise of the Planet of the Apes.
On a spectacular future Earth that has evolved beyond recognition, one man.s confrontation with the past will lead him on a journey of redemption and discovery as he battles to save mankind. Jack Harper (Cruise) is one of the last few drone repairmen stationed on Earth. Part of a massive operation to extract vital resources after decades of war with a terrifying threat known as the Scavs, Jack.s mission is nearly complete. Living and patrolling the breathtaking skies from thousands of feet above, his soaring existence is brought crashing down when he rescues a beautiful stranger from a downed spacecraft. Her arrival triggers a...
On a spectacular future Earth that has evolved beyond recognition, one man.s confrontation with the past will lead him on a journey of redemption and discovery as he battles to save mankind. Jack Harper (Cruise) is one of the last few drone repairmen stationed on Earth. Part of a massive operation to extract vital resources after decades of war with a terrifying threat known as the Scavs, Jack.s mission is nearly complete. Living and patrolling the breathtaking skies from thousands of feet above, his soaring existence is brought crashing down when he rescues a beautiful stranger from a downed spacecraft. Her arrival triggers a...
- 6/28/2012
- by Michelle McCue
- WeAreMovieGeeks.com
Exclusive: Morgan Freeman will bring his regal presence to Oblivion, the Joseph Kosinski-directed film for Universal Pictures that stars Tom Cruise, Andrea Riseborough and Olga Kurylenko. Cruise plays the last man on a post-apocalyptic and nearly uninhabitable Earth, who stays behind to repair ships that hunt down and blast a virulent alien species. I haven’t yet been able to figure out what role Freeman will play, but I’m told it’s a critical part. Michael Arndt is currently rewriting a script that had earlier drafts by William Monahan and Karl Gajdusek. Peter Chernin and Dylan Clark are producing through Chernin Entertainment along with Barry Levine and Kosinski. Jesse Berger and Dave Morrison are executive producers. Freeman’s last starring role in a Universal film was Wanted, and before that he twice played God in Bruce Almighty and the spinoff Evan Almighty. He’s repped by CAA and attorney Jason Sloane.
- 2/9/2012
- by MIKE FLEMING
- Deadline
Though it started as a very insider thing, The Black List has recently become more popular and mainstream. For those who may not know, it's an annual list of the year's best unproduced screenplays as voted on by about 300 Hollywood development executives and high-level assistants. We recently posted the 2010 list [1] and looking back at some previous years (2007 [2], 2008 [3], 2009 [4]), films such as Recount, The Beaver and The Social Network all sat near the top of the list. Skim over any of them and you'll see names of films that are out, are coming out and more. It's a big deal. This year, a new Black List of sorts has come out. Dubbed Viewfinder, it's supposed to do for directors what The Black List did for screenwriters. Viewfinder is a compilation of "the top commercials, shorts and/or music videos of 2010." Several of the directors on the list already have deals or are in production on films.
- 12/17/2010
- by Germain Lussier
- Slash Film
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