The UK indie film sector finally has something to celebrate, the announcement of the eagerly anticipated Independent Film Tax Credit. The IFTC has finally been confirmed by Chancellor Rachel Reeves and the Culture Secretary, Lisa Nandy. The Tax Credit will encourage more production in the UK, as filmmakers will soon be able to claim back 53% of qualifying expenditure on items such as equipment, location costs and actor fees. Feature films costing up to £15m will be eligible for the […]