The European Commission have confirmed that the tax relief for the production of video games in the UK has been re-notified until at least 2023.
Notification is required according to the EU State Aid laws to ensure that any measures introduced to support businesses are not anti-competitive in Member States.
This is fantastic news providing some much-needed confidence to the UK games sector and maintaining a key competitive advantage for UK based studios.
Ukie launches new report 'The UK Games Industry's Priorities for the EU Negotiations' at Parliamentary Roundtable event
Yesterday, Ukie launched our new report ‘State of Play: The UK games industry’s priorities for the EU negotiations’, the culmination of four months’ of consultation with more than 70 games businesses via a UK-wide industry tour from Belfast to Dorking to Manchester, and an online evidence gathering, hearing the industry’s key concerns and opportunities presented by Brexit.
Parliament turns out for Ukie's Westminster Games Industry Day