Train2Game News UKIE on Tax Relief

UKIE LogoUK games trade body heralds new reliefs as a huge boost to the UK games and interactive entertainment sector and pledges to now further promote the UK games industry to the rest of the world

Following today’s announcement that the long-awaited games production credit scheme has been greenlit by the European Commission, Ukie CEO Dr Jo Twist said: “This is a huge boost to the UK games and interactive entertainment sector and the start of a great new era of games production in the UK. We are delighted the European Commission recognised the clear market failure for the production of games with a British and European flavour, using UK-based creative and highly skilled talent.

“We are extremely happy to have played a part, as a strong collective voice for the industry, to get the scheme over the finishing line. We have been in constant contact with government throughout the process and have applied pressure and evidence for the scheme to be introduced at every opportunity.

“I’d like to thank all the hundreds of games companies and individuals across the country who have worked so hard collectively and who have played such a crucial role in getting to this point. The next strategic priority for us now is in applying pressure in different ways so that games businesses can access more programmes which support access to international markets, training and finance so we can be fully recognised as a sector that can lead the world again.”

Ukie will be focussing on ensuring UK developers from all parts of the country and of all sizes know how to benefit from the scheme. Ukie will also be working with its creative industry partners and the UKTI to ensure more support can be accessed by UK businesses to access new markets and to promote the UK as a destination for studios.

“We are touring the country for a series of events with experts from UK government and other industry experts to give simple, clear advice to the companies so they know what they have to do to benefit.”

Ukie will be launching their tax production credit roadshows and how to workshops around the UK from April with tax experts Saffery Champness and the BFI (who are administering the cultural test) on hand to help developers understand how they can apply for them. The first briefing session will be on 15 April in London at UkieHQ (2pm). Further sessions will also be held on the evening of 30 April in Edinburgh (6pm) in partnership with the Scottish Games Network and in Birmingham on the afternoon of 2 May (2pm), in partnership with Innovation Birmingham.

More dates in Newcastle, Liverpool and Bristol will be confirmed soon. Please register for all the events here.