U.K. Game Devs Welcome Tax Break Proposal

Game developers in the U.K. are lining up behind a Conservative Party proposal that would lower taxes for small and medium-sized companies, according to gamesindustry.biz.

Richard Wilson, CEO of game dev trade group Tiga, called on Britain’s ruling Labour Party to follow suit:

Measures to cut the tax burden on business in general and on games developers in particular, are welcome.

 

The Conservatives’ proposals to enable [smaller companies] to delay their quarterly VAT payments for up to six months, to reduce employers’ national insurance contributions… to cut corporation tax… and to reverse the planned increase in the small companies’ rate… are encouraging.

On the other hand, Wilson criticized part of the Conservative plan which promotes apprenticeships:

The Conservative’s focus on boosting apprenticeships is too restrictive. The apprenticeship model is not ideal for every sector of the UK economy. Games developers need more graduates, particularly in computer science, mathematics and physics. Many games developers already employ highly qualified teams.

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