News

Lib Dems support tax breaks for games

Election race heats up

As the election battle in the UK gears up for its final week, the Liberal Democrats have voiced their support for tax breaks for UK-based games developers.

As well as giving tax breaks their full support for the idea they also promised to implement the system as swiftly as possible once a system has been outlined.

Lib Dem Shadow Secretary for Culture, Media and Sport said: "Liberal Democrats support the introduction of a Games Tax Relief. Following consultation on the details, we would implement the Relief as soon as possible."

Dr Richard Wilson, CEO of TIGA, the independent games industry's representative body in the UK commented: "TIGA welcomes the Liberal Democrats commitment to support Games Tax Relief and to enact this tax measure as quickly as possible. There is a growing cross party consensus that Games Tax Relief is good for the UK development sector, good for the UK games industry, and good for the UK economy."

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