UK Video Game Tax Cuts Sabotaged?

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."

Comments

We did give them a tax cut!

[Manip]

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.

Re:And the other half of the story...

[Hognoxious]

Increasing the VAT will barely raise revenues if it does at all; it will mostly just lead to less consumer spending.

So you've calculated the price elasticity of demand for every product in the economy and combined them into a weighted average?

If you did that in your head I'll be really impressed.

UK Weather is a BONUS for IT

[SmallFurryCreature]

Remember, the zero percent chance of sunshine is a bonus to nerds who prefer damp dank dark basements to ply their neferious trade.

Putting a game company on Hawaii is a surefire way to not get any talent what so ever. Proof? Name a single game company from a lush tropical paradise.

Nope, instead they are from the coldest frozen wasteland in the world: Canada. Nothing like sub-zero temperatures and a complete absence of sunlight for half of the year to drive a coder to his warm PC and start cranking out software.

Open a development shop on the north-pole and you will get the best MMORPG ever produced in six months time.