TIGA Plans for Rapid Games Sector Growth

TIGA, the trade association for the games industry, wants the number of studios to rise by 350 and employment in the sector to increase by 7,000 by the year 2022.

It is also targeting for annual investment to grow by over £300 million in the same period.

The body has called on the government to back its plans by retaining and developing the video games tax relief, R&D tax credits and the various tax incentive schemes that are available to start-ups and smaller companies.

It also wants to see the introduction of an investment fund that will provide grants for new projects.

Dr Richard Wilson, the CEO of TIGA, said “Our vision is to make the UK the best place in the world for games development, games education and games service providers.”

For more information on any of the tax relief mentioned above, or to get our advice and support with any financial matter, please contact our EQ Technology team today.