Video Games: Tax Allowances
The question
To ask the Secretary of State for Culture, Media and Sport, what discussions she has had with the Independent Game Developers’ Association on the adequacy of the level of the Games Expenditure Credit for smaller studios.
Answered by Ian Murray
As set out in the Creative Industries Sector Plan, the Government is committed to supporting the growth of the UK’s video games sector. DCMS have engaged with The Independent Game Developers Association, including through the industry-led UK Video Games Council, to discuss proposals for enhanced tax relief support for lower budget productions.
There are a multitude of factors to consider when deciding on new tax reliefs beyond return on investment and sector impact, and the government is committed to ensuring that all public money is spent and targeted effectively across the creative industries and wider economy.
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