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TIGA: Video Game Expenditure Credit offers only 0.5% more than current tax relief

TIGA has raised concerns about the upcoming Video Games Expenditure Credit and has called for the UK government to bring the new incentive more in line with the current Video Games Tax Relief.

The trade body said growth "could be jeopardised" unless the VGEC is introduced with careful consideration.

The VGEC was announced earlier this year, promising a rate of relief of 34% on 80% of 'qualifying expenditure' — a significant increase on the 25% offered by the VGTR.

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source https://www.gamesindustry.biz/tiga-video-game-expenditure-credit-offers-only-05-more-than-current-tax-relief