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UK video games tax break welcomed as it is expected to save industry £188m

on Mar 27, 2014 | 0 comments

By Stephen Lepitak

The European Commission has approved tax breaks for the UK computer games industry, ending years of campaigning by the industry body TIGA which claims the decision will bring £188m to developers.

TIGA has battled for a tax break for many years, calling for them to be made with each passing budget, as the industry has witnessed the closure of many development companies over the last five years.

Dr Richard Wilson, CEO of TIGA, said: “Tax breaks for games production will help the UK fight its way back to the forefront of video game development.”

Meanwhile, Professor Louis Natanson, head of the Read full story ›

Source: The Drum