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TIGA won't stop UK tax relief campaign

[Image credit: Bashed]

TIGA, the UK's trade association for the video game industry, said it would continue its campaign to achieve tax relief for UK developers. The organization will push the issue of fiscal reforms leading to the next general election and take the "opportunity to raise the industry's profile amongst parliamentary candidates of all major political parties" -- including the Shadow Lords.

Jason Kingsley, Chairman of the TIGA board and CEO of Rebellion Studios, notes a recent study by M2 Research about industry job losses. It found that of 11,488 positions were lost in the industry last year, with the US making up 71 percent, with Europe accounting for 13 percent. However, the UK made up 81 percent of that European total, which by our calculations is about 1,210 lost jobs. In comparison, Canada lost only 2 percent, or about 230 jobs. Kingsley believes Canada's favorable tax environment helped them weather the recent economic issues.

[Via Edge]