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UK Video Game Tax Cuts Sabotaged?

Posted by Soulskill on from the i-wonder-if-it-rhymes-with-shmactivision dept.

ninjacheeseburger writes "Develop recently published an article claiming that the UK government was put under pressure by one of the biggest game companies in the world to cancel planned tax breaks for video game developers. This company had apparently viewed game tax relief as a measure that would have given the UK an unfair advantage over other nations."

1 of 123 comments (clear)

  1. We did give them a tax cut! by Manip · · Score: 5, Informative

    The UK did give the Games industry a tax cut; small businesses and large businesses received a massive break in terms of what they have to pay. All this games tax relief would have done is given large UK games companies a third tax cut.

    Currently they don't have to pay NI on the first 10 employees, pay less tax before they are up to corp' tax levels, and even when paying corporation tax they have to pay less than any other western country.