UK May Simplify Corporate Taxes in Lieu of Games Tax Relief

November 4, 2010 -

During another round of Prime Minister’s Questions (PMQs) in Parliament, the subject of Games Tax Relief for interactive developers was once again broached with Prime Minister David Cameron (pictured).

This time around it was Labour MP Jim McGovern who asked about the tax breaks. Cameron responded that the government is looking into simplifying the corporation tax regime to bring it down to 24%, which would make Britain “one of the best places in the world to do business.”

In response to a similar question about tax relief posed during last week’s PMQs session, Cameron said while it was a  “difficult” decision to eliminate tax relief for developers, the measure was “not particularly successful or targeted,” and “had to go.” PMQs sessions take place every Wednesday.

Trade association TIGA welcomed the subject coming up again, but stated that the Prime Minister’s “negative response” to McGovern’s inquiry was “disappointing.” TIGA chief Dr. Richard Wilson called lower tax rates for corporations “welcome,” but added, “…they do little to help smaller technology businesses which may not always be in profit.”

TIGA also released numbers that showed a drop in employment numbers for the UK interactive sector. The group reported that, between July 2008 and September 2010, there was a nine percent drop in the number of people working in the UK games development field.


 
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IronPatriotDocMelonHead, do you also acknowledge that the gamergate accusations of bad "ethics in journalism" against them have been proven false? Thus making gamergate's "journalism ethics" claim about them a sham and a fraud?05/29/2015 - 1:53pm
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IronPatriotThanks, James, for speaking out against the personal attacks. It will be good to see factual discussion.05/29/2015 - 1:25pm
Matthew Wilsonhttps://twitter.com/austin_walker/status/604278507632386048 giantbomb got a new hire this will be interesting. I never heard of him.05/29/2015 - 1:17pm
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DocMelonheadHell, I even have an account at BoingBoing, and even they are Anti-GamerGate.05/29/2015 - 12:49pm
Andrew EisenEZK - There's also this Portal short film making the rounds. Some laudable production value but personally I think it's absolutely terrible as a short. https://www.youtube.com/watch?feature=player_embedded&v=Z32T7tpgOdk05/29/2015 - 12:48pm
james_fudgeno apologies needed. Let's just all try to avoid the personal attacks05/29/2015 - 12:43pm
DocMelonheadI also do acknowledge that Wu, Quinn, and Sarkeesian, been harassed way before the creation of the hashtag, and may as well be harassed after the hashtag been dead; This will go on as long as Cyberbullying remains to be a thing.05/29/2015 - 12:43pm
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DocMelonheadAnd Yes, I agree that GamerGate's another cover for the ongoing Cultural Warfare between the Conservatives and the progressives.05/29/2015 - 12:40pm
DocMelonheadstill, I should one again apologized for the personal attack on IP, it's just that it's possible to sympothize with bigots regardless of their actions.05/29/2015 - 12:38pm
WonderkarpI am no longer going to engage in any "Heated Arguements". Its stupid. Just discussion. I can easily quote Robert Downey Jr from Tropic Thunder on my actions yesterday, but I wont. again, I apologize. 05/29/2015 - 12:35pm
WonderkarpFudge, Mecha, I need to apologize for my behavior yesterday. It was childish, pathetic, stupid, and petty. I'd like to blame it on lack of sleep but yeah. I'm not. I was an [SELF REDACTED].05/29/2015 - 12:34pm
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