Video Games: Tax Allowances
Commons · Question 46423 · Tabled 17 Apr 2025 · Treasury · Official record
Answered 29 Apr 2025
Question
Asked by Scott Arthur
To ask the Chancellor of the Exchequer, what assessment she has made of the economic benefits generated by the (a) Video Games Tax Relief and (b) Video Games Expenditure Credit; and if she will take steps to reform tax incentives.
Answer
Answered by James Murray, 29 Apr 2025
Video games companies benefit from the Video Games Expenditure Credit (VGEC), which provides a generous tax credit of 34 per cent on UK video games development costs.A report published by the BFI in 2021 found that VGEC, previously known as the Video Game...