Tuesday, 25 May 2010

Queen’s Speech Shows Need For Games Tax Relief

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.”

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