Tag Archives: government

VAT rising to 20%

Shortly after confirming that it is to do away with tax breaks for the UK video games industry, Chancellor George Osborne has confirmed that Value Added Tax will rise to 20 per cent from January 4th 2011. Though there’s a good chance that the ticket price of video games on …

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Game tax breaks scrapped

The new UK coalition Government WILL NOT implement tax breaks for games production Chancellor George Osborne confirmed today. As part of his Emergency Budget, Osborne said that subsidies for developers first proposed by the previous Labour government in April will not come into force. He described the suggestion as ‘poorly …

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Vaizey becomes culture minister

Ed Vaizey, the Conservative MP who has in recent months pledged to support the game industry, has been appointed as Culture Minister. Vaizey has said on numerous occasions that if ever appointed a government post he would shout about the game industry from the rooftops”. Trade association ELSPA says it …

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ELSPA hails new Business, Culture Ministers

ELSPA has praised the appointment of the new Ministers for Culture and Business as the new Government takes shape. In a statement, the trade body commended the Government’s decision in who should take responsibility for areas such as the games industry and pledged to support them as they tackle the …

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Game industry advocates remain MPs

The UK games industry’s biggest supporters in Parliament held their seats in last night’s election. Labour’s Tom Watson retained his seat for West Bromwich East, despite suffering a nine per cent dip in support. Conservative Ed Vaizey remained MP for Wantage with a 9 per cent vote rise, while Lib …

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ELSPA urges Tories to back tax breaks

The games industry is growing impatient with the Conservative party. Despite earlier promises to release a ‘mini-manifesto’ for the games industry, as exclusively detailed by Develop, the party has so far failed to explicitly express support for games industry tax breaks – and now ELSPA is urging it to do …

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Tories: Trust us on game tax breaks

First he was positive that the Conservatives would introduce game tax breaks, now Ed Vaizey – shadow spokesperson for the game industry – is vehement. Yet the Tory MP, speaking in response to criticisms earlier today, couldn’t promise that a game industry ‘mini-manifesto’ would be released before the general election. …

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