TIGA SETS AGENDA FOR THE UK GAMES INDUSTRY WITH CALL FOR AN INDEPENDENT GAMES TAX CREDIT
LONDON, May 1, 2024 /PRNewswire/ -- TIGA, the trade association representing the UK video games industry, has today presented an ambitious 10-point 2024 Manifesto that outlines proposals that will enable the sector to achieve its potential and support economic growth across the UK.
- Key elements include launching a new Independent Games Tax Credit, a new National Games Accelerator, a Video Games Investment Fund as well as a range of skills initiatives.
- The next Government and Parliament can enable the UK video games industry to seize the opportunities in this growing market by promoting TIGA's agenda.
- Create an Independent Games Tax Credit to boost production of UK independent games, and so reinforce VGEC
The next Government and Parliament should augment the existing Video Games Expenditure Credit (VGEC) with an Independent Games Tax Credit (IGTC). - Government and Parliament should assess these proposals and enable the UK video games industry to reinforce its position as a world leader in games development."