Originally posted on Variety:
While Hollywood continues to feel withdrawal pains from the production exodus, the U.K. is thriving, thanks to a mix of tax incentives and high-quality crews.
Pinewood Shepperton and Warner Bros. Studios Leavesden have been working full bore during the past few months, housing Kenneth Branagh’s “Cinderella,” Marvel’s “Guardians of the Galaxy” and WB-Village Roadshow’s “Edge of Tomorrow” (aka “All You Need Is Kill”). J.J. Abrams’ “Star Wars” pic is skedded for Pinewood in January.
Blighty’s tax credit of 25% of qualifying production expenses for films that spend up to £20 million ($31 million), and 20% for films that spend over that total was recently added to the TV and animation sectors. There are rumblings that a standalone VFX incentive may be in the works as well, as Soho is flush with top pros and looking for post-“Harry Potter” biz.