Fri, Apr 30, 2010 | 19:05 BST
Liberal Democrats are “committed to support” Games Tax Relief
The Liberal Democrats said today in a statement to TIGA that the introduction of Games Tax Relief is supported by the political party and that it wants to see the measures introduced as soon as possible.
“Liberal Democrats support the introduction of a Games Tax Relief,” Don Foster, Liberal Democrat Shadow Secretary of State for Culture, Media and Sport, said in a statement to TIGA.
“Following consultation on the details, we would implement the Relief as soon as possible.”
In response, Dr. Richard Wilson, CEO of TIGA, said that the support was welcome and that it is in the best interest of the UK games industry that it is implemented soon.
“TIGA welcomes the Liberal Democrats’ commitment to support Games Tax Relief and to enact this tax measure as quickly as possible,” said Wilson.
“There is a growing cross party consensus that Games Tax Relief is good for the UK development sector, good for the UK games industry, and good for the UK economy.”
British Chancellor Alastair Darling announced last month that the UK games industry is to benefit from tax breaks in a similar way to the UK film industry.
The move comes after years of lobbying Government from bodies such as ELSPA and TIGA.