UK trade bodies call for new “growth” tax relief to scale-up studios “that will drive our industry for years to come”

Game makers in the UK are calling on the British government to support the new Games Growth Relief tax incentive plan and boost development across the country.

An open letter signed by Ukie, TIGA and others, calls for the introduction of a games development assistance program for projects worth up to $20 million (£15 million) as part of a “targeted intervention that directly realizes this ambition.”

The newspaper claims the plan will return millions of pounds and create “thousands of high-quality jobs” following the government's recently launched Creative Industries Plan.

“It specifically supports the expansion phase in which our great British studios are transformed from promising SMEs into sustainable, globally competitive businesses that will drive our industry for generations to come,” the letter said.

“Modelling carried out by Ukie and TIGA suggests that the introduction of the Games Aid program would return up to £482 million of annual gross value added to the UK economy and create thousands of high-quality jobs in communities from Dundee to Brighton and Guildford to Manchester.”

Earlier this year TIGA has responded to a spending review proposed by the UK Chancellor.calling the Government's commitment to increase funding for creative industries “encouraging”. Last month he also called for stronger tax breaks to support the UK games industry. by strengthening credit for video game expenses.

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