Posts Tagged ‘budget’

25% Tax Relief For UK Games Developers

Today is Britain’s perhaps most thrilling day of the year. It’s the day that the Chancellor of the Exchequer gives his Autumn Statement, the annual not-quite-the-budget about which everyone has been on tenterhooks for weeks. Will he make being unemployed entirely illegal? Will he announce that all benefits claimants must be his butler for one day of the year? Will he demand that the disabled must either stop complaining or move to Russia? Probably, I don’t know – I was playing Far Cry 3 over lunchtime. But one thing he has announced is a 25% tax relief for UK games developers.

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Who Killed Videogaming Tax Relief?

This is my mature approach.

Yesterday afternoon a bold story appeared on Develop’s site, stating that there was far more to the abandoning of videogame tax relief in this week’s UK budget. It was not, they say, a case of the treasury overturning the decision, but rather the influence of an unnamed “global publisher” who “sabotaged [the] UK games tax break.” Obviously this story has received quite a lot of attention, especially with people guessing who this major publisher might be. But major industry figures give the impression that it might be no publisher at all.

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