UK trade body Ukie has urged the Government to reform the Video Games Expenditure Credit (VGEC).
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Geek Alliance LLCUkie is advocating for a 53% tax relief rate for projects with budgets of £10 million ($12.2m) or less to support smaller studios and foster creativity. … [MORE]
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1 Comment
This is a fantastic move! A 53% tax relief for smaller studios could really shake things up in the UK gaming scene. It’s no secret that indie devs often struggle to get their projects off the ground due to tight budgets. This kind of support could unleash a wave of creativity and innovation, giving smaller teams the chance to bring their unique ideas to life without the constant financial stress. Plus, it would level the playing field a bit against the big players. Here’s hoping the government sees the potential and jumps on this!