NEWS: More new games benefit from tax reliefs

More new games benefit from tax reliefs

There was a 26 per cent increase in games receiving final tax relief certification in the first half of 2017, according to BFI figures. These games represent an EEA/UK spend of £84m from a total budget of £103m.

In the first half of 2017, 86 games recieved interim certification, a decrease of 18.8 per cent from the 106 games that received interim certification in the first half the previous year. The 2017 games represent a EEA/UK spend of £200m from a total budget of £216m.

Looking at the year-on-year comparison from July to June each year, final certifications are up for July 2016 to June 2017 to 213 games with £187m EEA/UK spend. This is an increase of 28 per cent from the previous 12 months.

More on Ukie's website here.