HomeInsightsTIGA calls for further investment and support in light of new figures from HMRC regarding its Video Games Tax Relief (VGTR)

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TIGA says that the latest figures demonstrate that games companies of all sizes are applying for VGTR, with 60% of claims being for £50,000 or less.

In light of the figures, TIGA is calling for improved access to finance, protecting the provision of the best global talent in gaming to work in the UK, and consideration for further investment in VGTR.

VGTR, which effectively reduces of the cost of games development, was first implemented in April 2014. It has supported the creation of 480 video games, accounting for £1bn of UK expenditure. To read TIGA’s news release in full, click here.