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Thank you PACT for raising this and bringing to the forefront all the reasons why it is needed. This additional support would have a very positive and wide reaching affect. However, restricting this additional support to films with £2m+ budgets isn't really the way forward as can be seen by the comments above.

We are living in a time of a 'broken system' and the UK indepdendent sector is greatly in need of more support. It also means that we don’t have to be in the 'favoured few’ of the public funding bodies, and I know so many producers who would rather make their films using this additional rebate support. Independent producers nurture, incubate and champion writers and directors and the money we raise in development predominately goes to them and others in the process of getting your film greenlit e.g budgets and casting leads. So many producers are leaving film to go into TV or other content creation as they can’t survive financially in the indie film world. As producers/production companies get paid when a film goes into production, this support could make a big difference as it creates a positive cycle where more in the industry can be sustained (not just producers) and be ploughed back into UK companies that develop films to make more films.

This is especially relevant to the UK which currently is 'an aircraft carrier for incoming US blockbusters’ as Mike Ogden rightly points out. The UK is a talented nation and we have a very talented filmmaking community. This additional support would benefit not just the UK indie sector but the filmmaking world as a whole. And if the BFI statistic is correct, £1 spent = 12x as much to the economy, then it is clearly justifiable and affordable.