UK games tax relief
TIGA and Activision meet with MP's to state the case for the tax break.
As the new Government’s Emergency Budget approaches, set for 22nd June, TIGA, the trade association representing the UK video games industry and Activision, the worldwide pure-play online and console game publisher, met with Members of Parliament to restate the case for the urgent introduction of Games Tax Relief that was announced in the last Budget.
They met Don Foster MP (Liberal Democrat spokesperson for Culture, Media and Sport in the last Parliament), Jim McGovern MP (Labour MP for Dundee West), and Stewart Hosie MP (SNP MP for Dundee East).
Richard Wilson, TIGA CEO stated:
“I am delighted that Brian Ward (Senior Vice President, Worldwide Studios, Activision) has been able to meet with Parliamentarians that recognise the challenges faced by the UK video games industry and understand the need for Games Tax Relief. The introduction of Games Tax Relief is the number one policy priority of the industry and is central to ensuring that the UK video games industry can compete on a level playing field with our overseas competitors.”
“Games Tax Relief will be good for the UK games industry, good for consumers and good for the wider UK economy. It will generate more jobs, more investment, more innovation and more tax receipts for HM Treasury.”
Notes:
About TIGA:
TIGA is the trade association representing the UK's games industry. The majority of our members are either independent games developers or in-house publisher owned developers. We also have outsourcing companies, technology businesses and universities amongst our membership.
TIGA's vision is to make the UK the best place in the world to do games business. We focus on three sets of activities: political representation, generating media coverage and developing services that enhance the competitiveness of our members. This means that TIGA members are effectively represented in the corridors of power, their voice is heard in the media and they receive benefits that make a material difference to their businesses, including a reduction in costs and improved commercial opportunities.
About Activision:
Activision is a worldwide pure-play online and console game publisher with leading market positions across all categories of the rapidly growing interactive entertainment software industry.
Activision Blizzard's portfolio includes best-selling video games such as Guitar Hero ® , Call of Duty ® , and Tony Hawk, as well as Spider-Man TM , X-Men TM , Shrek ® , James Bond TM and TRANSFORMERS TM , leading franchises such as Crash Bandicoot TM and Spyro TM and Blizzard Entertainment's ® StarCraft ® , Diablo ® , and Warcraft ® franchises including the global #1 subscription-based massively multi-player online role-playing game, World of Warcraft ® .
Activision Blizzard maintains operations in the United Kingdom, the U.S, Canada, France, Germany, Ireland, Italy, Sweden, Spain, Norway, Denmark, the Netherlands, Romania, Australia, Chile, India, Japan, China, the region of Taiwan and South Korea.