Tax breaks for UK animation?

According to The Guardian, last week's UK budget will bring huge tax relief for British animators, in an effort to stop jobs and production moving overseas. Details of the new proposed tax break are a bit sketchy, and will be subject to obtaining state-aid approval from the European Commission. If all goes well, UK production of animation will qualify for a 20% or 25% break depending on the production budget. Combined with the EIS tax incentive scheme this could be a really important boost for our industry.  - Alex