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Tag Archives: tax

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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UKIE rallies around tax breaks for developers

UK trade body UKIE has called on the games industry for input for a collective response to the government’s new period of consultation on tax breaks policy. The UK Treasurytoday opened a period of consultationwith a view to finalising the details of the proposed Tax Breaks policy. "UKIE’s consultation programme …

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INTERVIEW: Ed Vaizey, MP

Tax breaks for games made in the UK are back onthe agenda. So MCV spoke to Ed Vaizey, minister for the department of culture, media and sport, to find out why Westminster u-turned on subsidies for developers – and what happens next… The industry was getting tax in 2010. Then …

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UK video game tax breaks are back on the agenda

The UK government has declared its intention to establish a nationwide game tax break policy, in a dramatic manoeuvre that leaves the British sector in shock and jubilation. Standing in the Commons for his 2012 Budget speech, Chancellor George Osborne said the UK games development industry would benefit from similar …

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