UKIE statement on Tax Relief Proposal

London, United Kingdom, 2nd July 2010 - Following a meeting of the UKIE board on Friday 9th July 2010, all those present unanimously agreed to positively support TIGA and UK developers’ desire to gain tax breaks for the production of qualifying videogames and interactive entertainment products. TIGA and UKIE will form a steering committee immediately which will consist of members of TIGA and UKIE and invited professional advisors in the areas of law, tax and public affairs.

The aim of the committee, led by TIGA, is not only to address the urgent issue of these tax breaks being withdrawn but to review the existing TIGA submission with a view to enhancing the arguments, evidence and justification for the government to provide a tax break for the sector for the production of qualifying videogames and interactive entertainment products.

Companies represented on the UKIE board present and agreeing to this support are:

  • 505 Games
  • Activision
  • Disney
  • Electronic Arts
  • Mastertronic
  • Microsoft
  • Nintendo
  • Sony Computer Entertainment
  • Square Enix
  • Warner Brothers

Contacts:

For all press enquiries, please contact the UKIE press office on T: +44 (0)20 7300 6143 or E: press@ukie.info

About UKIE

The Association for UK Interactive Entertainment represents all the major publishers of games in the UK. Founded in 1989 to establish a specific and collective identity for the country’s interactive leisure software industry, membership includes companies publishing and distributing leisure software in the UK. As a gateway to Europe, UKIE works to protect, promote and provide for the interests of all its members as well as addressing issues that affect the industry as a whole such as age ratings, child safety and IP protection.

UKIE works with members and media to illustrate the beneficial contributions that the UK videogames industry makes to the British economy as well as its influence in other industries. In addition UKIE works with GfK Chart-Track to compile weekly, monthly and annual charts and sales reports for the UK market.