Tag Archives: tax

Republicans propose increased dev taxes for violent games

A US tax reform bill from the House Ways and Means Committee has suggested increasing the tax burden for games developers making violent games. Washington Examiner reports that while the bill advocates an improved, permanent R&D tax credit, finally giving American manufacturers the certainty they need to compete against their …

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Online retailers unite to fend off sales tax

A number of online retailers have signed a letter addressed to chancellor George Osborne calling for an end to the argument for an online sales tax. Online retailers have hit out against calls from some physical stores for a new online tax to level the playing field. The letter was …

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OPINION: A slightly longer wait for tax breaks can’t hurt

This long and at times painful hardware generation – it will be eight years since the 360 unveiling when we see the Next Xbox in three weeks – is matched by just one other drawn out saga: tax breaks for games made in the UK. Every two steps forward on …

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Google: Our low tax bill is fine because we bring so much to the UK

The executive chairman of Google has argued that the company’s minute UK corporation tax bill is entirely justified. The company came in for fierce criticism when it emerged that it paid just 6m in UK corporation tax in its last financial year. That’s for a company worth over 175bn. But …

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Video games tax breaks delayed in the UK

Games tax relief will not be approved by April 1stas the UK awaits confirmation from Europe. UK games trade body UKIE has stated that tax relief will still definitely happen, and the government is 100 per cent committed” to legislation. Tiga has also explained that tax relief is still awaiting …

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Blockbuster UK embroiled in tax outcry

As if things weren’t bad enough for in-administration Blockbuster UK, a newspaper investigation has landed the company in even hotter water. The Guardian reports that over a 15-year period the company has paid less than 250k in corporation tax despite sales of over 3.5bn and profits of 37m in the …

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Tories launch video games tax breaks microsite

The Conservative Party has launched a microsite explaining the reasons why it believes the UK video games industry is worthy of a tax break. The coalition’s gaming tax breaks will come into effect on April 1st and could see dev costs slashed by 25 per cent for those projects that …

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