After months of lobbying from the UK games industry, the Government has finally announced its intention to introduce games tax relief to support our highly successful and innovative games industry. Olswang has been heavily involved in this lobbying process and wrote a paper called “A tax relief for games” setting out how to adapt the existing film tax credit relief to games. We are delighted by this news !
More detail to follow. However, any games tax relief will need to obtain EU state aid approval.