Close
Enter your search into one or more of the boxes below:
You can refine your search by selecting from any of the options below:
Search
Your Shopping Basket
Total number of items: 0
Sub total: £0.00
Go to Checkout
Our Birmingham Shop
Our Bristol Shop
Animators Survival Kit

Ian Rankin calls for tax incentives for new authors

18th January 2012

Author Ian Rankin has called on the UK government to provide tax incentives to emerging writers in order to encourage new talent and help stimulate the country's creative industries.

According to the Scottish author, a similar scheme to the one implemented in Ireland, where the equivalent of GBP 33,000 of a writer's income is exempt from tax, would play a big role in giving new authors a start.

Rankin, whose Rebus novels have made him a multi-millionaire, claimed that some publishers are reluctant to take risks on new writers, as few debut novels are huge successes, but the promise of a tax break could counter-balance this potential deterrent.

'It's easier than ever to get your stuff seen by people, but it's harder than ever to make a living from it. Look at the money that publishers are paying for new writers - less than they paid 20 years ago,' he added.

The author was speaking ahead of the First Fictions festival in Sussex, which celebrates first novels and aims to highlight emerging literary talent.

It appears any potential changes to the tax system will not occur soon, however, as a spokeswoman for the Treasury claimed Rankin's suggestion is 'unworkable' at the present time.

'Any new relief adds complexity to the tax system and could come at considerable cost to the Exchequer at a time when the government's priority is rebalancing the economy,' she told the BBC.

Latest Blog
How to Change the World: Stop Harming Women
22/06/2017

Human rights barrister and a researcher at the Gender and Social Justice Centre at Cambridge University, Dexter Dias introduces his new book and explains how we can change the course of the 21st century if we can stop harming women.

The Book that Inspired Pink Floyd and Walt Disney
20/06/2017

We're celebrating the opening this month at the London Palladium of The Wind in the Willows: the Musical with a selection of things you might not know about the bok and its author, Kenneth Grahame.

The Miracle of Creativity's Springs, Coils and Gears
19/06/2017

As his epic new standalone thriller is published, Deon Meyer reflects on the creative process.

View all Blog Entries
Twitter
Show/Hide Tweets
© W&G Foyle Ltd