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Disney chose the UK for blockbuster starring Angelina Jolie after pocketing a £13.6m tax break

The Walt Disney Company was given a £13.6million tax break in return for choosing Britain as the location to film Maleficent, its upcoming blockbuster movie starring Angelina Jolie.

The film is a live-action take on the 1959 Disney cartoon Sleeping Beauty.

Filmed at Pinewood Studios in Buckinghamshire, it is due for release in July next year.

Spellbound: Angelina Jolie in costume as Maleficent, the villainess in a new version of 'Sleeping Beauty'

According to accounts, £87.5million was spent on the production but the costs were partly offset by £13.6million from HM Revenue and Customs.

The recently-filed figures are for the UK limited company Briar Rose Productions, named after the original Grimm fairytale on which Sleeping Beauty is based.

They state that Disney considers ‘the company’s key non-financial performance indicator to be whether Maleficent qualifies as a British film under Film Tax Credit legislation’.

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It goes on: ‘This has been achieved as Maleficent has been awarded an interim British Film Certificate, and the directors expect the film to be awarded a final certificate when complete.’

Briar Rose is ultimately owned by California-based Walt Disney. It is rare for the production costs of a film to be consolidated in a single private company but this makes it easier to work out entitlements under the UK’s film tax credit scheme.

The accounts for the five months to December 7, 2012 show that 398 staff were employed on the production and were paid a total of £7.3million.

Jolie (pictured left) plays the evil sorceress who the movie is named after and her co-stars include Miranda Richardson and Imelda Staunton. The film marks the acting debut of Vivienne Jolie-Pitt, Jolie’s four year-old daughter with actor Brad Pitt.

She plays Aurora, the princess cursed by Maleficent who falls into a deep sleep.

Research firm Oxford Economics estimates that without the tax relief scheme supporting filmmakers British film production would fall by around 75 per cent, cutting GDP by about £1.4billion a year.

Last week it was announced the next instalment of the Star Wars saga, which is due to be released in 2015, will be filmed in Britain.

The movie is also being made by Walt Disney, which picked up the Star Wars rights last year with the £2.6billion acquisition of Lucasfilm from founder George Lucas.

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