Video Games: Tax Allowances

(asked on 12th March 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment he has made of the effect of video games tax relief on (a) employment and b) investment in the video games sector.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 20th March 2018

The creative sector tax reliefs provide support to ensure that these highly skilled and innovative industries thrive in the UK.

Since its introduction in 2014 the Video Games Tax Relief has supported almost £700 million of UK expenditure in the industry.

Although the government does not collect statistics on employment in the video games sector specifically, video games industry body TIGA estimate that in 2016 there were 33,637 employed in the games industry or in jobs indirectly supported by studios, compared to 30,741 in 2014.

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