At long last, the EU has approved the UK’s video games tax break, a move which signals fundamental changes in the way that games are made in the UK, EU and beyond. Personally, I’m very glad to be able to write that sentence; longtime readers will know I’ve been writing about the UK’s twists and turns on this matter since 2009!
You can expect to see lots more information and insight about the UK video games tax break on this site in the future. For now though, here’s a quick guide to the UK video games tax break written by my colleague Paul Gardner and me together with UK interactive entertainment industry association Ukie.
In the meantime, here’s a short summary (for which I’ve taken the liberty of using unconventional formatting):
IF YOU ARE ARE DEVELOPING OR WILL A DEVELOP AN INTERACTIVE ENTERTAINMENT PRODUCT/VIDEO GAME IN THE UK IN THE FUTURE, OR IF YOU ARE A NON-UK BUSINESS THINKING ABOUT EU-BASED INTERACTIVE ENTERTAINMENT/VIDEO GAMES DEVELOPMENT IN THE FUTURE, DON’T START ANYTHING UNTIL YOU UNDERSTAND WHAT THE TAX BREAK COULD DO FOR YOU!
Got any questions? You know where I am, folks!