The U.K.’s film tax credit scheme is emerging as a major draw for international co-productions, helping the country shed its reputation for challenging legal structures and complex financing requirements, according to a panel of leading producers at the BFI London Film Festival.
“Great Britain comes with so many opportunities,” said Polish producer Klaudia Śmieja-Rostworowska of Madants Film, noting that the British tax credit is “an exceptional one” that has helped European filmmakers understand how to structure bigger films while maintaining cultural proximity. “It’s really worth to do with UK first before you jump into bigger the U.S. market.”
“Great Britain is the first stop when we dream about Hollywood,” Śmieja-Rostworowska added. “Everyone does have this dream, no matter how much you try to avoid. Yes, everyone wants to go there because the money seems to be great. Everyone wants to have their films to be distributed in the States.