VFX tax credit uplift, enhancing career prospects for UK talent

Escape Studios, one of the UK’s leading animation, games and VFX schools, welcomes the UK Labour government’s announcement of an uplift to the VFX tax credit, a measure aimed at bolstering growth and sustainability within the UK’s visual effects (VFX) industry. This move is anticipated to increase investment in the sector, build jobs and further the UK’s standing as a global hub for visual effects and creative media. 

The new tax credit uplift will increase incentives for VFX companies to base operations in the UK, making it a more competitive market. This measure aligns with the UK’s commitment to nurturing local talent and providing enhanced opportunities for students and professionals in the VFX industry. Escape Studios, renowned for developing skilled professionals in animation, games and visual effects, views this initiative as transformative for current students and graduates, many of whom will benefit from a strengthened VFX ecosystem. 

“The uplift of the VFX tax credit is a pivotal step towards ensuring the UK remains a leader in the global creative industries. By encouraging further investment and production activity, this policy will directly contribute to the growth and resilience of our sector. We support this initiative and look forward to the new opportunities it will bring for our students and alumni.” Escape Studios’ Principal Dr Ian Palmer  

Escape Studios has long supported initiatives that advance the UK’s creative and digital industries and stands ready to support the sector’s continued evolution. Escape Studios aims to foster even deeper connections between its students and industry, ensuring graduates enter the workforce with not only a competitive edge but also a vibrant landscape of opportunities in the UK.