Tag Archives: breaks

Livingstone: Tax breaks will create new jobs

Though we’re yet to learn the specifics of how exactly the government’s promised video games tax breaks will take shape, Eidos life president Ian Livingstone has praised Chancellor Darling’s decision to heed the industry’s calls. I’m excited to hear the government has listened to our calls for tax relief,” he …

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UK "will remain a development leader"

The UK government has issued a statement regarding its pivotal decision to incorporate a tax break system into the UK game industry. Culture secretary Ben Bradshaw said: "The new tax relief scheme will help Britain remain a world-leader in this important industry. Video games generate 2 billion in retail sales …

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DCMS reveals tax break details

The UK Department for Culture, Media and Sport has revealed to Develop more details on Labour’s plan for game development tax breaks. The culture department said that UK game tax break system will be a customised version of the existing tax system for the film industry. It will be consulted …

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UK tax breaks ELSPA responds

The importance of the UK video games industry is at last being recognised – that’s the conclusion of trade body ELSPA in light of the Government’s pledge to support the UK games industry with tax breaks. The organisation has also pledged to continue working with the government during the scheduled …

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Devs’ delight at tax break reform

The British game industry is revelling in the news that the UK will now receive game development tax breaks. Today’s Budget report saw Chancellor Alistair Darling tell the House of Commons that the UK game industry needs support from the country to remain globally competitive, before introducing a tax break …

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Tax breaks for UK games devs at last

The last Budget of the current Government will provide tax help for the UK games industry, Chancellor Alistair Darling has said. Speaking at today’s Budget report, the UK Chancellor told the House of Commons that the UK game industry needs support. He spoke of a tax credit system similar to …

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Full report details Chancellor dev snub

The Chancellor’s pre-budget report may have made no mention of the UK games industry, but the complete report explains exactly why the government has refused to help developers. Of the 216 pages in the pre-budget report, the UK games sector was only mentioned once. That citation can be found below, …

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Chancellor silent on gaming tax breaks

The UK government has again rejected calls for tax breaks in the game development sector. Making what was clearly a coarse pre-budget speech for tough times, Chancellor Alistair Darling declared that his budget is one that would "secure the [economy’s] recovery and promote long-term growth." But Darling’s pre-budget speech – …

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