The government announced in the March 2012 Budget that it would introduce corporation tax reliefs from April 2013 for the video game, animation and high-end television industries, subject to State aid approval and following consultation.
Video game tax relief was given State aid approval by the EU Commission in March 2014, meaning that it came into effect from 1 April 2014.
They will also set up a specialist unit to facilitate claims for animation and video game relief (but not high-end tv production).
Respondents included industry participants (The Walt Disney Company; Channel 4; Electronic Arts; Aardman Animations) the financial services community including large accounting firms (PWC; Deloitte) and independent consultants (MMP Tax); and trade bodies such as The Independent Games Developers Association (TIGA).
The government also established industry-focused working groups for the animation, high-end television and video game industries to complement wider consultation on the new tax reliefs and to discuss options and proposals in more detail.