UK games developers get cash boost

The UK’s game industry could get a £188m boost as the European Commission approves tax relief measures for developers.

The price tag was drawn up by games industry body Tiga which has helped lobby for the relief scheme.

Under the policy, games makers will be able to claim discounts on up to 25% of a game’s production costs.

The decision by the Commission marks the end of a six-year campaign to win relief for game makers.

Dr Richard Wilson, head of Tiga, welcomed the Commission decision, and said: “Tax breaks for games production will help the UK fight its way back to the forefront of video game development.”

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Source – BBC

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Post Author: RockerJarvis