Trade body to help developers understand tax incentives and cultural test with UK tour
UKIE is to hold a series of roadshows across the UK to help businesses understand the upcoming tax relief and cultural test for games.
In each roadshow the trade body will discuss how developers can apply for tax relief, what it could be worth to their business, what the cultural test means and how to pass it, and a chance to speak to a panel of experts from the game industry, HMRC and the British Film Institute.
Advice will also be on hand from legal and accountancy professionals.
Free to attend to all businesses in the games and interactive entertainment industries, the roadshow will take place in Scotland, the North West, North East, Yorkshire, Birmingham, Newport, London, Guildford, Brighton and the South West.
The roadshows will begin from April 1st to coincide with the expected introduction of games tax relief, and will run throughout the course of the year.
UKIE said it will be working with various regional networks to help organise the roadshows, as well as collaborating with a number of events. One regional network already confirmed is Game Republic.
“We want as many games businesses as possible, throughout the country, to be able to take advantage of tax relief as soon as it is formerly introduced, hopefully this Spring,” said UKIE CEO Jo Twist.
“Our nationwide roadshows will provide access to legal and accountancy experts and give games businesses the chance to speak directly to key people at HMRC and BFI who will be actually administering the new scheme, and most importantly, the cultural test. Games businesses should let us know now if they’re interested so that they don’t miss out on getting access to vital information.”
For more information on the scheme and to register your interest in attending, please visit the official website.