The Chancellor of theExchequer Gordon Brown confirmed the date during his annual Pre-Budget Report.The government also confirmed that it will extend the former Section 42 reliefuntil the end of the year.
The new rules givesmaller-budget films a credit of up to 20% and larger-budget films 16%.
The European Union announcedthat it had approved the new tax system, with changes, on Nov 22.
The chancellor also notedthat the
The group said: "