The figures will come as good news to the government which has worked hard to ensure the film tax scheme, which brought in 100% tax relief for film makers, is a success.
Film production has increased enormously under the scheme introduced in 1997 by Labour but relief currently has only a limited life span.
The original programme was due to end in 2000, but was then extended to 2002 and has since received yet another extension to 2005.
Enthusiasm for the relief has been hugely and a whole mini industry has been developed offering advice to exploit the tax benefits.
In many cases opportunities to participate in film shcemes are now hugely oversubscribed.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states