TIGA Press Releases
TIGA to consult with developers on games tax relief during series of workshops
Publish Date: Tuesday 19th June 2012
TIGA, the trade association representing the UK video games industry which fought
for years for games tax relief, has unveiled a series of workshops to ensure
the promised tax breaks works well for the sector.
Four dates have been announced
so far with more to come.
Already confirmed are London on July 16, Birmingham on July 17, Edinburgh and Dundee, both on July 18. The government's consultation document on the implementation of the tax relief for video games, animation and high end TV production was launched on Monday.
TIGA, the group which vigorously campaigned for a new tax break for games production, said it had the potential to support new business models and could also support a wide range of games on a wide range of platforms. TIGA wants to ensure that the tax break is effectively designed for the games industry and easy to use.
The workshops will provide more information about how the tax break is proposed to work in practice and to ensure that developers' voices are heard in the consultations about the games tax relief with the UK Coalition Government. The Workshops are open to members and non-members.
Dr Richard Wilson, CEO of TIGA, said:
"It is important that everybody who works within the gaming industry understands how games tax relief will work and how it will benefit them. We want to engage with developers so that we can work effectively with the government in formulating tax relief which works for all.
"TIGA will be engaging with developers, digital publishers and the Government to ensure that tax relief is effective, straight-forward to access and supports a wide range of studios, business models and games on different platforms. The tax relief will be a fantastic boost for the UK video games industry, the creative sectors and the UK economy.”
TIGA persuaded the last Labour Government to back Games Tax Relief in the March 2010 Budget and successfully won cross-party support for the measure during the 2010 General Election campaign. Games Tax Relief was dropped by the Coalition Government in the June 2010 Budget. TIGA continued to campaign for Games Tax Relief and the Coalition Government adopted the policy in the March 2012 Budget.
TIGA predicts that the new tax relief will enable the UK games industry to compete on a more level international playing field and it will secure 4,660 jobs and £188 million in investment over five years.
16th July London - evening workshop
Grant Thornton LLP
Book at http://gtrlondon.eventbrite.com/
17th July Birmingham - evening workshop
Grant Thornton LLP
Colmore Plaza - 11th/12th floors
Book at http://gtrbirmingham.eventbrite.com/
18th July Edinburgh - evening workshop
French Duncan LLP
56 Palmerston Place
Book at http://gtredinburgh.eventbrite.com/
18th July Dundee - lunchtime workshop
Book at http://gtrdundee.eventbrite.com/