Video Games: Foreign Investment in UK
The question
To ask the Secretary of State for Culture, Media and Sport, what discussions she has had with the Chancellor of the Exchequer on the potential impact of Video Games Expenditure Credit on levels of inward investment into the video games industry.
Answered by Ian Murray
The Video Games Expenditure Credit was introduced in 2024 to replace the Video Game Tax Relief, modernising the reliefs and ensuring they continue to work as intended to support the video games industry.
As set out in the Creative Industries Sector Plan, the Government is committed to supporting the growth of the UK’s video games sector. My department engages regularly with His Majesty’s Treasury on a range of issues to deliver this objective, including the Video Games Expenditure Credit.
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