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
Romancing the Silver Screen
27/07/2017

Jenn Bennett explores the role of the movies in her own life and in her new YA novel, Alex Approximately.

From Page to Stage - Adapting The Hunting of the Snark
24/07/2017

Garry McQuinn, Producer of The Hunting of the Snark, which opens this week at London's Vaudeville Theatre, describes the journey from page to stage.

#FoylesFive: Celebrating Beer
23/07/2017

Earlier this year, Belgian beer culture finally officially took its rightful place on the World's Intangible Cultural Heritage list, where it now sits in good company with the likes of the French gastronomic meal, Cuban rumba and Spanish flamenco. To celebrate, here is a far from exhaustive selection of some of the beer literature that can help you better appreciate the delicate arts of brewing and drinking beer.

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