Oral Answers to Questions
Debate between Deidre Brock and Lucy Frazer(3 months, 2 weeks ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Lucy Frazer
We have indeed introduced many tax reliefs, and since we came to office I have instigated and backed the introduction of tax reliefs and other support for the sector. Independent film making has been supported with more than £60 million of Government and national lottery funding, and I have recently spoken to representatives of the independent sector to establish how we can provide further support. However, as my hon. Friend has pointed out, matters of tax are ultimately matters for the Chancellor.
Deidre Brock (Edinburgh North and Leith) (SNP)
I have a suggestion for the Minister. When I met several film, television and advertising companies in my constituency recently, they pointed out that Malta and Mauritius have a 40% rebate which also covers commercials, and that Ireland will be following suit with a 40% rebate on reality TV and game shows. These are the bread-and-butter products of the industry, and they have a huge impact on local areas where filming takes place. The UK is falling behind in this respect. What discussions is the Secretary of State having with the Treasury and other colleagues about the matter?
Lucy Frazer
I assure the hon. Lady that I have regular discussions with the Treasury and the industry about how we can continue to support this vital sector. We are not falling behind. We are world leading, and we need to maintain that competitive edge. Our screen sector tax reliefs are estimated to have delivered over 200,000 new jobs and more than £13 billion in economic output.