Video game relief
The measure
A new tax relief to support game development undertaken by the UK video games industry will be introduced.
Who will be affected?
The Government will be consulting later this year on the design of the new relief so it is not yet known how the relief will be applied.
When?
The relief will be introduced once approval for the relief as State aid has been obtained.
Our view
This relief will be narrowly focussed, but will be welcomed by those companies that it affects. It will be interesting to see how this relief will interact with the R&D tax relief available to SMEs which is also a State aid.
