Wed, Dec 09, 2009 | 16:43 GMT
No tax relief for games sector in the UK
The UK Government does not plan to provide tax relief to the country’s games industry, it was revealed today.
According to the Guardian, Chancellor Alistair Darling’s pre-budget report does not include measures providing tax breaks despite the sector pumping more money into the economy than the region’s film industry.
TIGA claims that this failure to introduce tax breaks will result in the sector’s decline, but at the same time, commended the government for its predicted £10 million investment in gaming centers of excellence in Dundee and Manchester – which are expected to create 30 new companies and 400 new jobs within three years.
More through CVG.