A practical guide to the EU’s new VAT rules, video games and digital content sales

So, what’s happening? From 1 January 2015, new EU tax rules will require value added tax (VAT) to be charged on paid digital content (like video games, apps, digital music and video) at the VAT rate of each EU country where its customers are based. How is this different to the existing system? Previously digital… Continue reading A practical guide to the EU’s new VAT rules, video games and digital content sales

The UK now has a video games tax break

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… Continue reading The UK now has a video games tax break

The games tax break doesn’t mean Grand Theft Auto: Weston-Super-Mare!

Earlier today I wrote a quick update on where we are with the UK games tax break.  A few well-intentioned Twitter followers of mine immediately joked that games being required to go through a ‘cultural test’ to gaint the tax break would result in red telephone boxes throughout games, etc etc. This is a bit… Continue reading The games tax break doesn’t mean Grand Theft Auto: Weston-Super-Mare!

The UK games tax break – a quick update

It’s been a while now since the UK government made the surprising but welcome announcement in March 2012 that it would introduce a tax break for the games industry.  What’s happened since then?  Consultations, consultations, consultations…  The government announced that it would hold a consultation process with stakeholders, to be split into two parts.  The… Continue reading The UK games tax break – a quick update

Project finance and public funding in games

UK games industry body UKIE invited me to speak at their inaugural Thursday@3 series of events last week.  This first event was on the subject of funding games, so I decided to talk about two areas of games finance which have been much underrated recently: project finance and public sources of funding.   Have a look… Continue reading Project finance and public funding in games

The UK games tax break: opportunities and challenges

The UK government has just announced that it will grant production tax breaks to the games industry.  This was a bit of a surprise: the previous Labour government had agreed to grant tax breaks, but the new Tory/Lib Dem coalition government had frowned on it until this announcement. This is ofc great news for the… Continue reading The UK games tax break: opportunities and challenges

Crowdfunding is amazing

I’ve been thinking about crowdfunding for a while, and I was generally aware from industry stories and client experiences that it is an interesting way to get funding for games.  Besides which, I’m interested in how best to make it work legally (more on that later).  Then I was asked today to look into some… Continue reading Crowdfunding is amazing

The 2011 UK Budget and the games industry

The UK Government has just published its 2011 budget, which contains a pretty mixed bag for the games industry.  This is what my colleague Cliona Kirby of Olswang had to say about it: “A lot of mixed messages in today’s Budget for the games industry. The proposal to significantly improve EIS and VCT reliefs, in particular, by… Continue reading The 2011 UK Budget and the games industry

US developer sues Michigan over games tax break

Here’s an interesting angle on the games tax break debate: a US developer is suing two branches of the state of Michigan for denying his application for a gamex tax break (via Detroit Free Press) Nathaniel McClure, CEO of developer Scientifically Proven, said that he moved his company to Michigan to take advantage of its… Continue reading US developer sues Michigan over games tax break

UK govt snubs games tax break…again

David Cameron, the UK Prime Minister, has managed to snub the games tax break once again but failing explicitly to answer a question put to him in Prime Minister’s Questions as to why his government had failed to implement the tax break (thanks to Develop for this one). Dundee MP Jim McGovern (Labour) asked Cameron… Continue reading UK govt snubs games tax break…again