How the UK’s new AVEC works

This session unpacks the details of the UK’s new Audio-Visual Expenditure Credits which were introduced at the start of this year. Our panel of experts talk about the new uplifted AVEC of 53% (40% after tax) which was announced in March 2024 for UK qualifying independent films. This new measure is open to UK qualifying films with budgets up to £15m and which have a UK writer and/or UK director, or which quality as official co-productions under one of the UK’s bi-lateral treaties or the European Convention.

Moderator: Anna Mansi | Director of Video Games & Certification BFI

Speakers:

Judith Chan | Executive Director Coutts & Co

Harriet Finney | Deputy Chief Executive BFI

Isla MacGillivray | Partner Saffery

Bennett McGhee | Co-founder Home Team