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!
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
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
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
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
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
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, 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
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?
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