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