UK government to reconsider tax breaks for gaming industry
February 21, 2011 Leave a comment
The Chancellor of the Exchequer, George Osborne, is considering bringing back growth-promoting tax breaks for the UK videogame industry, reports the Sunday Times (via EDGE).
This comes despite the “not for four years” no-relief speech by incoming Coalition Culture Minister Ed Vaisey, and arrives on the heels of a recent report from the House of Lords which recognises the impact of the gaming industry and the benefit of a thriving development community to the UK’s ability to compete in the global gaming market, a report welcomed by TIGA, the UK’s gaming trade body.
Long have countries like Canada and France been chosen by pro-tax-relief lobbyists as examples of markets where the videogame industry has been beneficial to those countries’ internal growth.
Jamie Dexter – Senior Developer, dbda