TIGA, the trade association representing the UK games industry, said today that the House of Lords Communications Committee has effectively backed TIGA’s campaign for Games Tax Relief.
The Committee published its first report into The British Film and Television Industries today, following TIGA CEO, Richard Wilson’s remarks several days ago regarding the inequity of the film and video games markets in the UK. TIGA made the original case for a games production tax credit to the Committee in July 2009.
The House of Lords Communications Committee said, “We recognize the claims of the videogames industry for support in the face of foreign government-subsidized competition, and recommend that the Government consider providing tax incentives for videogames production.”
Richard Wilson, CEO of TIGA, said, “It is very encouraging that the cross-party, highly respected House of Lords Communications Committee has recommended that the Government should consider providing tax incentives for videogames production.”
Jason Kingsley, Chairman of TIGA and CEO and Creative Director of Rebellion Studios, said, “Today’s report by the House of Lords Communications Committee demonstrates that TIGA’s relentless campaign on behalf of the UK games industry is making an impact. Senior politicians from the key political parties now aspire to introduce TIGA’s Games Tax Relief. We will continue to drive the argument forward, as well as advancing policies and services to benefit the games industry in other ways.”