UK to refuse to grant games tax break

The Guardian reports that the UK Government is expected to reject including a tax break for the UK games industry in its Pre-Budget Report to be published today (the Pre-Budget Report has become in recent years one of the best indications as to the Government’s proposals for the next year’s budget – if it is in the Pre-Budget Report, chances are it will be in the next Budget too).

This is a bit of the shame, as other countries’ governments have really boosted their national games industries through tax breaks (akin to tax breaks for other creative industries such as film) – industry bodies such as TIGA and ELSPA had lobbied hard for a similar tax break for the games industry.  Still, it’s always possible that things might be different if a new government comes in after the general election next year.

Olswang has done a lot of work advising the industry on the proposed games tax break/how it could work, and has put together a Pre-Budget Report blog which they’ll be updating as the report comes out.  Here it is:

One thought on “UK to refuse to grant games tax break”

  1. nice nice..Welcome back..Exw kanei kai ena akoma comment, alla gia kopaio logo den egine published..Anyway, perimenoume me anupomonhsia na doume to neo styl šŸ™‚

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