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UK Video Game Tax Relief Cancelled

Posted by Soulskill on from the you-just-lost-the-angry-video-game-nerd-vote dept.

Stoobalou writes "UK game developers have just been dealt a financial blow by Chancellor George Osborne in his first budget, which sees the coalition government scrapping the video game tax relief plans promised by Labour. In his speech today, Osborne simply said the 'planned tax relief for the video games industry will be cancelled.' According to the government's budget report, the cancellation of video game tax relief will save the government £40 million in the 2011-2012 financial year, and a further £50 million in each subsequent year."

1 of 106 comments (clear)

  1. Re:Dollars? US companies? by loufoque · · Score: 1, Flamebait

    British cheese is not only terrible, it is also quite expensive.
    A marvel of its own kind.

    I am French and I live in the UK, love cheese, and found British cheese so bad, even something you could get at a farmer's market, that I only buy supermarket cheese imported from France.