A total of 114 games received final certification in the first half of 2017, an increase of 26% on the same period last year, the latest figures, released today from the BFI show. These games represent an EEA/UK spend of £84m from a total budget of £103m.
The British Film Institute (BFI) is conducting a major strategic consultation on its new strategy to influence its funding, which includes a set of questions around funding for games.
We are encouraging all members to respond, and will be conducting our own research of views via our survey here. We will be gathering feedback and will submit a response on the 8 September.
Huge annual increase in Video Games Tax Relief certifications revealed
Statistics released by the BFI today show a huge year on year increase in the number of games receiving Video Games Tax Relief (VGTR), in the first round of figures of the scheme's first two full years of activity.
Video Games Tax Relief takes off as applications double in three months
New figures from the BFI show that Video Games Tax Relief is having a fast-growing impact on the UK games industry. Over the three months to the end of September, almost as many games (83) were approved to claim the tax relief as had been in the previous six months combined (89).
New figures show great first year for Video Games Tax Relief
The BFI have released today figures on games qualifying for games tax relief in the UK for the first year of tax relief (April 2014 – March 2015).
New BFI figures have revealed how many games have qualified for Video Games Tax Relief in its first year. Since the launch in April 2014, 19 games have received final certification and 48 have received interim certification, for a total of 67 games.