Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
November 19, 2019
arrowPress Releases

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

UK Government Reviewing Games Industry Tax Breaks

UK Government Reviewing Games Industry Tax Breaks

June 10, 2008 | By Staff

June 10, 2008 | By Staff
    Post A Comment
More: Console/PC

The UK government has responded to earlier calls by trade body Tiga and other organizations to support the local games industry with tax breaks, saying it is currently reviewing the possibility to bring similar measures to the UK.

Most recently, Tiga CEO Richard Wilson pointed to tax credits given to Georgia's creative industry, saying, “If the UK Government wants to see a thriving video games industry in this country, then it must create a more favourable taxation system, keep the regulatory burden on business relatively light and work to increase the supply of suitably qualified graduates.”

In a response to a petition posted a government site, the Prime Minister's office responded that "the Government takes seriously the contribution of the UK's creative industries to the economy and to the UK's cultural richness."

The office pointed to a document published earlier in the year called "Creative Britain - New talents for the New Economy," saying that in it "the Government committed to making sure that the creative industries, including the games sector, were aware of and made the best use of the generous Research and Development tax credits for small and medium-sized enterprises, introduced by the Government in 2000."

While the office said the UK government "has already been promoting the credit within the industry," it concludes that "the Government is conscious of the recent approval of a cultural tax relief for games in France and is working with the UK industry to collect and review the evidence for introducing such a credit in the UK."

Related Jobs

Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States

QA Tester
Insomniac Games
Insomniac Games — Burbank, California, United States

Lighting Artist
School of Design and Creative Technologies at The University of Texas at Austin
School of Design and Creative Technologies at The University of Texas at Austin — Austin, Texas, United States

Chair of the Department of Arts and Entertainment Technologies
Square Enix Co., Ltd.
Square Enix Co., Ltd. — Tokyo, Japan

Experienced Game Developer

Loading Comments

loader image