Video Games Tax Break is axed by UK government

The proposed UK video games tax break is to be axed, according to the Emergency Budget published today by the new UK government.  The announcement follows several weeks of speculation about the new Government’s stance on the tax break, which followed the Conservatives first apparently promising pre-election support for the tax break but subsequently refusing to commit… Continue reading Video Games Tax Break is axed by UK government

What the new UK government means for the UK games industry

Wardrox over at Nukezilla has written an interesting post about what the new LibCon government means for gaming, which talks about the new government’s approach to business stability, gaming, games tax relief, education and skills and piracy and crime.  Worth reading – check it out. Follow us at http://www.twitter.com/gamerlaw or subscribe to our weekly email… Continue reading What the new UK government means for the UK games industry

TIGA sets out its games tax break proposals

TIGA, the games industry body, has published its election manifesto for the games industry, in which it sets out its proposals for how the recently announced games tax break should be structured in the next Parliamentary term (via Develop). TIGA’s tax break proposals are as follows: “The Government announced in the Budget on March 24 that it… Continue reading TIGA sets out its games tax break proposals

UK games tax break: how big will the pot be?

Develop carries a piece on the UK games tax break which is a useful reminder of how much government cash we’re talking about here.  They say (based on the government’s budget report) that: “Labour will pay £50 million in the 2011 fiscal year for game development tax breaks, and a further £40 million will be… Continue reading UK games tax break: how big will the pot be?

UK games industry wins videogames tax break, faces challenges

The UK government has announced in today’s pre-election budget plans to introduce a tax break for the UK games industry, but there will be real challenges to be overcome before the games industry can take advantage of the new tax relief. The announcement As we said yesterday, even up until the announcement itself there was… Continue reading UK games industry wins videogames tax break, faces challenges

UK games industry waits for games tax break announcement

The UK games industry is waiting to see whether tomorrow the Government will announce a games tax break in its last budget before the forthcoming 2010 general election. In his December 2009 pre-budget report, the Chancellor Alastair Darling failed to make any formal announcement introducing a games tax break, despite significant industry support and lobbying for the… Continue reading UK games industry waits for games tax break announcement

UK games tax break not Tories’ top priority

At the Westminster eForum meeting in London yesterday on the state of the UK games industry (which I attended), Ed Vaizey, Conservative shadow minister for culture and the creative industries, made it quite clear that if a Conservative government comes into power this year the UK games industry is unlikely to see any movement towards a UK games… Continue reading UK games tax break not Tories’ top priority

Confirmed: UK Govt rejects games tax break

UK Chancellor Alastair Darling has rejected granting a tax break to the games industry. It had been hoped that his Pre Budget Report (more on that here) would introduce the tax break, which has been the subject of substantial lobbying from the games industry and has received cross-party political support. This result will of course… Continue reading Confirmed: UK Govt rejects games tax break

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… Continue reading UK to refuse to grant games tax break