UK Budget Includes Tax Relief for Game Developers

March 24, 2010 -

A good day for the videogame industry continues as UK developers are one step closer to realizing tax relief, following news that the Labour Party budget includes such a provision.

The tax relief would be very similar to that which the film industry currently operates under, writes Develop. The budget report stated, “The Government announces that, following consultation on design, it will introduce a tax relief for the UK's video games industry, subject to state aid approval from the European Commission.”

Game industry group TIGA, who has been dogged in its lobbying efforts for tax relief, called the news “a decisive decision,” and said that tax relief “would be good for the UK games industry, good for UK consumers and good for the wider UK economy.”

TIGA CEO Richard Wilson stated:

For Games Tax Relief to be announced in the Budget is the decisive breakthrough that TIGA has campaigned for. Ministers have made the right decision at the right time for the right industry. Government Ministers are to be warmly congratulated for their visionary decision.
 

TIGA now looks to the Opposition parties to give their full support to Games Tax Relief in the Finance Bill.

To qualify for the tax breaks, TIGA said that games would need to pass a cultural test, which would involve “scoring against criteria of European heritage and game locations, languages, innovation, narrative, and location of development and key development staff.”

Philip Oliver, the CEO of Blitz Games Studios, offered TIGA a pat on the back, saying, “TIGA has worked tirelessly to raise the profile of our industry among Government and Parliamentarians. Today’s decision is proof that this hard work has paid off.”


Comments

Re: UK Budget Includes Tax Relief for Game Developers

You would have to be very naive to vote for a political party on the basis of one small tax break. I know that the arts and media industry will receive a lot of focus now as there is little manufacturing in the UK so they have to look at other sectors apart from the finance industry (which is affected the most by the economy) to provide security and growth for the economy.

Re: UK Budget Includes Tax Relief for Game Developers

GamePolitics - where wholly positive news stories receive little to no commentary.

 

-- teh moominz --

Re: UK Budget Includes Tax Relief for Game Developers

GamePolitics: Where news about tax breaks for game developers is just as boring as news about tax breaks for anyone else.

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I LIKE the fence. I get 2 groups to laugh at then.

-------------------------------------------------- I LIKE the fence. I get 2 groups to laugh at then.

Re: UK Budget Includes Tax Relief for Game Developers

Not unless you work in the industry, have been following the ne... oh no, that's right - you turned into a troll after Dennis left.

/end

-- teh moominz --

Re: UK Budget Includes Tax Relief for Game Developers

"Not unless you work in the industry,"

And how many of the regulars round here do you think THAT applies to? 3, maybe 4 people? It would certainly explain why no-one ever gives a damn enough to comment on articles like these when they crop up.

It's not like there is even anything to discuss, and is it really better to get 40 comments all saying "This is good" instead of people assuming the fact it's good speaks for itself.

P.S. I was a troll BEFORE Dennis left, as many will attest to. You'd know that too if you weren't as observant as a piece of pocket lint.

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I LIKE the fence. I get 2 groups to laugh at then.

-------------------------------------------------- I LIKE the fence. I get 2 groups to laugh at then.

Re: UK Budget Includes Tax Relief for Game Developers

Everyone is indeed welcome to their opinion, but the news is very important to us in the UK games industry.

As for whether it'll affect my vote in the election, I'm unsure. I wouldn't be voting with confidence in Labour if I did.

Re: UK Budget Includes Tax Relief for Game Developers

Quite unfortunate but often true.

Re: UK Budget Includes Tax Relief for Game Developers

Hard to believe it's finally been announced, particularly after last December where, if I recall correctly, Darling effectively said 'no' to tax relief for the industry.

I'd like to see what Ed Vaizey has to say (and potentially offer) too!

 
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Thomas RiordanNo, certainly not. Anything to prevent that kinda crap.09/01/2014 - 8:18am
SleakerAlthough.. I don't think it hurts anyone if kids think the report is true :P09/01/2014 - 3:26am
Sleakerand just for future reference. National Reports is a fake news site, they decided to remove their disclaimers a while back apparently...09/01/2014 - 3:25am
Thomas RiordanDon't feel bad. I posted the same thing last night and deleted it once I realized it wasn't real.08/31/2014 - 11:13pm
E. Zachary KnightAh. The report actually read serious to me. Oh well. At least it didn't happen.08/31/2014 - 7:46pm
ConsterAlthough apparently someone who was in a swatting ring in Texas took a plea for up to 5 years in July.08/31/2014 - 7:14pm
ConsterProbably because it's a satire site.08/31/2014 - 7:13pm
E. Zachary KnightI agree that the kid should be punished, but the charge and sentence seem a bit overboard to me. http://nationalreport.net/15-year-old-swatted-domestic-terrorism/08/31/2014 - 6:56pm
Andrew EisenI get a "page doesn't exist."08/31/2014 - 11:50am
MaskedPixelantehttps://twitter.com/Nevelets/status/506076879309508608 What we're currently supposed to be offended by, or whatever.08/31/2014 - 10:10am
MechaTama31AE: Probably snarky commentary on this: http://www.gamepolitics.com/2014/08/29/principle-player-leland-yee-arms-trading-case-dies08/30/2014 - 8:43pm
Andrew EisenConster - Don't know. Got a link to whatever you're referring to?08/30/2014 - 7:04pm
ConsterWait, what's this about Leland Yee eliminating witnesses?08/30/2014 - 5:50pm
IanCBroke my EA boycott to pick up Plants vs Zombies Garden Warfare. Loving it. Still hate EA though. But i like Popcap. Gah.08/30/2014 - 6:01am
MaskedPixelantehttp://m.tickld.com/x/something-you-never-realized-about-guardians-of-the-galaxy Right in the feels.08/29/2014 - 6:56pm
AvalongodAgain I think we're conflating the issue of whether Sarkeesian's claims are beyond critique (no they're not) and whether its ever appropriate to use sexist language, let alone physical threats on a woman to intimidate her (no it isn't)08/29/2014 - 5:04pm
prh99Trolling her or trying to assail her integrity just draws more attention (Streisand effect?). Which is really not what the trolls want, so the only way to win (if there is a win to be had) is not to play/troll.08/29/2014 - 5:02pm
prh99Who cares, just don't watch the damn videos if you don't like her. Personally, I don't care as far as she is concerned as long there are interesting games to be played.08/29/2014 - 4:34pm
Andrew EisenZip - And yet, you can't cite a single, solitary example. (And no one said you hated anyone. Along those lines, no one claimed Sarkeesian was perfect either.)08/29/2014 - 3:51pm
Andrew EisenSaint's Row: Gat Out of Hell was just announced for PC, PS3, PS4, Xbox 360 and Xbox One making it the 150th game For Everything But Wii U! Congratulations Deep Silver!08/29/2014 - 3:49pm
 

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