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Posts tagged “tax relief”

Feature: Of Culture and the British

What A Relief: Talking To UKIE About UK Tax Breaks

On Thursday, a tax relief scheme for British game development finally passed into law. The scheme had been passed back and forth between various bodies, and finally landed on the desk of the European Commission in April of 2013. Behind the scenes, cog were still turning and the new tax rules will come into effect from April 1st. That's good news for the British games…

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Broken British Tax Breaks For Games

Urgh, this is no good. The announcement of tax breaks (as explained here) for the UK games industry, bruised and battered as it was by a torrent of studio closures in recent years, was an all too rare instance of George Osborne doing something to stimulate rather than malnourish the UK economy. And there was much rejoicing - until the European Commission decided it wanted…

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Feature: Money Box Live

How The New UK Tax Laws Will Affect Indie Developers

This will upset some people, but John just isn't a financial expert. His stabs at trying to understand the new UK tax relief rules for games development have been enthusiastic, but inexpert. Which is why we've turned to Chris England - developer of Xenonauts, and qualified accountant. As an independent developer, and a financial expert, the subject affects and interests him directly. So he's taken…

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Feature: Gor Blimey Guvn'r

How British Is British? The Rules For UK Tax Relief

With last week's Autumn statement giving UK games developers a long-fought-for tax break, details are now available about who will be eligible. This test is in response to European laws that are necessary for such breaks to be put in place, and at first appears to require that the games and the teams in question have some elusive notion of Britishness. Um... you like curry…

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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…

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Feature: Albion developers express delight.

UK Tax Breaks For “Culturally British” Games Only?

The suggestion of tax breaks for the UK games industry has been something of a ten pound note on a thread of cotton, yanked away just about every time the industry thinks it can reach for it. The plans are yet again being looked at, promised to appear next Spring, and this time with the rather peculiar suggestion that projects should be measured to see…

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Feature:

Who Killed Videogaming Tax Relief?

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…

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