UK games industry
Queen's Speech highlights need for tax relief, reckons TIGA.
May 25, 2010
TIGA, the trade association representing the UK games industry, said today that the Queen’s Speech highlighted the need for positive Government support of the British video games industry, such as a Games Tax Relief.
Richard Wilson, CEO of TIGA, said:
“The Queen’s Speech was a key opportunity for the new Government to set the tone and create the right environment for British businesses to overcome the global recession. The Government has rightly identified economic recovery as the main priority, but now we need to see the Government step in and free dynamic young sectors from unfair competition.
“This is why TIGA is pressing the new Government to continue with the implementation of a Games Tax Relief to ensure that the UK can compete with its international rivals on a fair playing field. Whilst the Queen’s Speech showed the new Government’s potential, such as the commitment to improve broadband infrastructure, the real commitment to the recovery will be revealed in the next Budget.
“TIGA is calling on the Government to promote the recovery, and implement Games Tax Relief as soon as possible. Failure to include Games Tax Relief in next month’s budget will be a huge step backwards and damage the competitiveness of the UK video games development industry.”
Ends
Notes to editors:
About TIGA:
TIGA is the trade association representing the UK’s games industry. The majority of our members are either independent games developers or in-house publisher owned developers. We also have outsourcing companies, technology businesses and universities amongst our membership.
TIGA's vision is to make the UK the best place in the world to do games business. We focus on three sets of activities: political representation, generating media coverage and developing services that enhance the competitiveness of our members. This means that TIGA members are effectively represented in the corridors of power, their voice is heard in the media and they receive benefits that make a material difference to their businesses, including a reduction in costs and improved commercial opportunities.
For further information, please contact Eva Field, TIGA PR Manager on: 07814 039 983, or email eva@tiga.org.