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Labour "looking at" further tax breaks for UK games trade

taxbreak

UK Culture Secretary Ben Bradshaw said in a question and answer session on "Digital Britain" yesterday that more tax breaks are in the pipeline for the UK industry.

"We do recognise the importance of the video games industry to the British economy," he said.

"Research and development tax credits are available for the industry, and we are looking at introducing further tax breaks."

Bradshaw also said that he's now tackling the "issue of classification" regarding games, and is preparing to make "other announcements" on the trade in general.

Read the full transcript through there.

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Patrick Garratt

Founder & Publisher (Former)

Patrick Garratt is a games media legend - and not just by reputation. He was named as such in the UK's 'Games Media Awards', the equivalent of a lifetime achievement award. After garnering experience on countless gaming magazines, he joined Eurogamer and later split from that brand to create VG247, putting the site on the map with fast, 24-hour a day coverage, and assembling the site's earliest editorial teams. He retired from VG247, and the games industry, in 2017.

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