Video Games: Tax Allowances

(asked on 2nd April 2025) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to support the video game industry, particularly in regard to tax relief schemes for companies.


Answered by
Lord Livermore Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 9th April 2025

The Government recognises that the creative industries, including the video games sector, play a key role in driving economic growth. As part of the Government’s Industrial Strategy, a creative industries sector plan will be developed, working with business, local leaders, and sector experts.

The Government supports the video games sector through the tax system and through funding. Video games companies benefit from the Video Games Expenditure Credit, which provides a generous tax credit of 34 per cent on UK video games development costs.

In addition, companies may benefit from the £5.5 million UK Games Fund, which helps high-potential start-ups scale-up.

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