UK government to reconsider tax breaks for gaming industry

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

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About dbda
dbda is a corporate social responsibility consultancy embracing education and safety in the community. We are privileged to work with a large number of blue chip corporate clients, Government organisations, charitable bodies, Institutes and local authorities. We also have a network of schools, professional bodies, associations, universities and partners, with whom we regularly work in collaboration.

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