UK trade association TIGA calls for an independent games tax credit to support UK development
TIGA, a trade association for the UK video games industry, is seeking an independent games tax credit to support game development.
As part of the 10-point manifesto, TIGA proposes that the UK industry launch an Independent Games Tax Credit (IGTC), a new “National Games Accelerator” to enable more start-ups to scale, and A video game investment fund could be created. “2660 additional game development jobs by 2028.”
TIGA's manifesto – based on “new and recent primary research, surveys of TIGA members and the broader video game industry, as well as numerous discussions with game developers” – also calls for an industrial secondment program, allowing up to 20 lecturers per year. Can be sent to the studio. To enhance teaching in video game development and provide further support for apprenticeships and BTEC and T-level education.
TIGA says the IGTC should reflect the newly-announced Independent Film Tax Credit, whereby games with production budgets under £15 million can claim a 53 per cent credit on 80 per cent of eligible spend, further improving the UK development landscape. Can be made more tailored. As well as Canada, France, Belgium, Australia, Ireland and “at least” 15 US states.
For full declaration, visit the official TIGA website,
“In an age where technology and creativity come together, the video games industry stands as a symbol of innovation and economic vitality,” said Jason Kingsley CBE, CEO and creative director of Rebellion and TIGA Chair.
“The next Government and Parliament have a unique opportunity to take this dynamic industry to even greater heights. By fostering an environment conducive to growth and innovation, we can ensure the UK remains at the forefront of global sports development TIGA's manifesto presents a roadmap to achieve this ambitious goal, outlining ten measures aimed at nurturing the sports development ecosystem, empowering entrepreneurs and promoting economic expansion.''
Dr Richard Wilson OBE, CEO of TIGA, said, “TIGA's aim is to make the UK the best place in the world to develop video games. The UK is already a leader in games development and employs the largest development workforce in Europe. Is.”
“If the next Government and Parliament create an enabling environment for our sector, the UK games development sector can win an increasing share of the game development market. A successful video games industry will support high-skilled employment, regional games clusters and export growth.
“TIGA’s manifesto sets out an agenda to enable our sports development sector to achieve its potential and increase its contribution to the UK economy.”
