Posts Tagged ‘TIGA. emergency budget’

UK Tax Relief For Game Developers Scrapped

By John Walker on June 22nd, 2010.

Osborne also announces puppies to get more cancer.

Anyone remember March? Ah, those halcyon days of innocence, back when we considered the possibility of good news for the British games industry. Then UK Chancellor of the Exchequer, Alistair Darling, announced in what would be his final budget a pledge for a tax credit system that would aid creative industries, including game development. Of course, as we said at the time, this was dependent upon whoever won the election not overturning the decision. However, pre-election both the Conservatives and Liberal Democrats pledged support for the move. But new Chancellor of the Coalition Government, George Osborne, has scrapped the plans in today’s budget. And many in the games industry have already reported their horror.

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