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Report – UK government set to reintroduce games tax breaks

Monday, 21 February 2011 10:39 GMT By Johnny Cullen

The UK government is set to reintroduce games tax breaks of up to £30 million, according to a Sunday Times report.

The story claims that tax relief will be introduced next month during chancellor George Osborne’s Budget speech, adding Osborne is “considering the introduction of tax breaks for the computer game industry as an eye-catching measure to put in his budget for growth.”

Tax breaks were confirmed by the previous Labour government last year before Osborne and the coalition government cancelled them in his emergency budget last June.

Last week, it was reported that Osborne backed the UK games industry.

Thanks, Edge.

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26 Comments

  1. LePlatypus

    This is going to sound nooby but, what would this mean for us, the gamers?

    #1 4 years ago
  2. Blerk

    Potentially more UK-developed stuff. Aside from that, pretty much bugger all.

    #2 4 years ago
  3. Grimrita

    Although its great news, if true but after the recent wave of closers, comes too late for those already lost. Such a shame that Labour didnt pull their finger out of their arse when they had the chance to save a key industry, instead of paying themselves OTT expenses.

    #3 4 years ago
  4. Psychotext

    Bit late now isn’t it? Half of our bigger studios have disappeared in the last couple of years.

    #4 4 years ago
  5. Psychotext

    “instead of paying themselves OTT expenses”

    That was pretty much everyone wasn’t it? Especially the guy with the moat…

    #5 4 years ago
  6. Grimrita

    Yeah but Labour MPs have been the ones getting sent to prison for fraud. So I added that for drama lol

    #6 4 years ago
  7. Yoshi

    But Labour would have done this country a lot better than conservatives are now.

    #7 4 years ago
  8. cloud_ix

    @1 It means there will be a lot more jobs available to you if you want to get involved in the games industry

    #8 4 years ago
  9. xino

    they better hurry up man and approve that sh*.

    companies are closing down!

    #9 4 years ago
  10. Tamo123

    @7

    Then I think you fail economics pretty epically, as the course Labour was on would of brought the UK to financial ruin. It may not of happened until 2015 or whatever, but it would of happened. The longer, the worse it would of been.

    TL;DR: Learn to economy before making stupid comments.

    Anyway, on topic. I think they caved to pressure, however, hopefully this will do some good in the long term. I just hope other things will not get cut in order to fund this.

    #10 4 years ago
  11. xino

    @10
    seriously stfu!
    Stop trying to act like a f**ing smart ass!

    he was just saying! It’s his opinion! And it seems you have a nag for his opinion and you were offended by it. No point trying to be a goddamn teacher and telling him to go learn economies.

    Seriously…wtf is wrong with all these f*king people in this site?
    You can’t even voice yourself without being attacked.
    Everyone is complaining about users trolling this place…what about you? wtf are you all doing? you keep getting into argument, attacking other members and trying to be better than someone else over the internet. It doesn’t make you different to the ones who troll this site.

    Regardless if Conservatives or any other parties took over, we would still be in deep sh* in recession! And it’s best we are in recession now!
    because if we all waited by 2015, TONS of people would have closed down as soon as the recession starts 2015. I wonder if the Northern Rock staffs even got their money for the excellent deadline hard working they did.

    To my knowledge I think other countries have fallen out of the recession, it’s only US and UK that are hit pretty badly.
    It’s a good thing recession started now because companies and stores at least got a few months before closing down. If we were to wait 2015, everyone would be selling their products from £50rrp to £2.50! Eventually that would not save them! They would still need to close down by the end of the week because of the amount they borrowed and can’t pay back.

    #11 4 years ago
  12. Tamo123

    @ 11

    No offense, but I seriously hate reading peoples opinions who clearly have no clue about what they are talking about. That is my opinion. Deal with it.

    Agreed, the country would of been fucked either way, however this government is doing something Labour would of never of considered because they are afraid to change. This country will transform and I personally think in the long run for the better.

    As I said: Deal with it bro. Also u mad?

    #12 4 years ago
  13. DSB

    Too little, too late.

    #13 4 years ago
  14. freedoms_stain

    @10/12, I think before you run your mouth belittling people for having different political or economical ideologies to yourself you should be aware that there is in fact more than ONE ideology.

    In fact the Labour and Conservative approaches to cuts are very similar: cut back public services (and thus jobs) in exchange for Private sector services and positions.

    The difference lies in the time scale. Labours preference was a slower rate of cuts in line with Private sector growth, The Conservative approach was to cut hard fast and deep immediately without paying any heed to whether or not there would actually be any positions available in the Private sector for the people whose jobs they were axing.

    So right now the UK exists in a position where there is at best slow growth (if any) in the Private sector, with many sectors in fact still on the decrease while the public sector also faces the threat of mass job loses in the immediate future, which begs the question, where will we work?

    You can look at this in terms of human cost. Under the Conservative plans millions of people might be left unemployed with little chance of re-employment while the Private sector undergoes its painfully slow recovery. The Conservatives care little about this because it means they can cut the taxes of their rich buddies much quicker (it was recently revealed that a massive 50% of Tory funding comes from wealthy bankers. Wonder who they’ve got the best interests at heart for?) while patting each other on the back for cutting public spending so fast.

    Under Labour the cuts in public spending would have come much slower, but with the benefits of keeping more grass roots workers in employment for longer by shedding jobs and services at a rate at which the Private sector was better able to pick up the slack. Oh, and the super rich bankers would probably have faced higher taxes for longer. Boo Hoo.

    #14 4 years ago
  15. Ruruja

    @10

    “would of” = would have
    “would of” = would have
    “would of” = would have

    TL;DR: Learn to grammar before making stupid comments.

    #15 4 years ago
  16. Tamo123

    @14

    That is your opinion, that’s fine. I do not completely agree with some of your points, but fair enough.

    @15
    Deal with it bro.

    #16 4 years ago
  17. G1GAHURTZ

    I agree with DSB.

    #17 4 years ago
  18. Yoshi

    @12 I know exactly what I’m talking about. Do you seriously not keep up to date with this stuff? Conservatives are raising the student fees etc and that means more people in debt which results in us being in the recession for longer. Labour were going to make cuts slowly and efficiently so it wouldn’t effect people as drastically as Conservatives have/will. Conservatives only think of the rich and spit on the poor. (Yes this is my opinion)

    #18 4 years ago
  19. Yoshi

    @14 +1 for you. You pretty much summed it up perfectly

    #19 4 years ago
  20. Callum

    Gone are the days when an election meant anything would change. All parties have converged to the point of being in-discriminable from one another. ‘Left’ wing and ‘Right’ wing doesn’t mean anything in a country where our leaders are chosen via a popularity contest broadcast on the television.

    Anyway. Better late than never…if this DOES happen. One thing I have learned is to judge a politician by his actions and not by what he says…the two are often completely different.

    #20 4 years ago
  21. NightCrawler1970

    Uhm, wanna know how much tax are we talking about??
    2% more 5% more??? basically how much will cost a UK-game(brand new) in the shelf + the extra “game-tax”???

    I bet Australia is on the same site, more money for the Government…

    #21 4 years ago
  22. Tamo123

    @19

    He did partly, deal with it son.

    #22 4 years ago
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    #23 4 years ago
  24. revolting

    @21 “Tax breaks for the gaming industry” does not refer to the VAT added to the cost of you, the customer, purchasing the game. The tax you pay will remain unchanged (short of another VAT shift), and the only difference you will see in price is the same as it currently is; based on each individual store’s pricing conventions.

    The tax (and the breaks) refereed to here are those imposed on the production of games by developers (and their publishers) in this country, such as Lionhead, Media Molecule, Rare, Rockstar North, etc.

    i.e. these tax breaks are for the games making industry, not the games selling industry.

    #24 4 years ago
  25. revolting

    “refereed” /facepalm.

    +1 vote for an edit button.

    #25 4 years ago
  26. Crab of Thunder

    A political debate is a change from the usual lol.

    #26 4 years ago

Comments are now closed on this article.

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  • Titan Souls releases on PS4, Vita, PC on April 14

    Ace indie giant-slayer Titan Souls will be released on PS4, Vita and PC on April 14. Publisher Devolver confirmed the date to Eurogamer. Those of us in Europe will have to wait until a day later for release. Titan Souls is a tough-as-nails indie game where you have one life to slay a giant enemy. […]

  • Destiny weekly update: lowdown on Inferno Crucible, Vault Transfer improvements

    Destiny’s weekly update has made some pretty significant changes – let Arekkz Gaming take you through them. Bungie has revealed the first release date for the new Inferno Crucible mode, and made it a lot easier to access your vault. You should subscribe to Arekkz Gaming. It will improve your life.

  • Destiny: Xur location and inventory Feb 27, 28

    It’s Xursday again – what treats does he have for you this week? He’s in the North Tower, to the right of the Stranger’s room. Let’s take a look at the latest weapons and gear from your favourite Destiny trader. No Backup Plans [Titan Gauntlets] – 13SC ATS/8 Arachnid [Hunter Helmet] – 13SC Heart of […]

  • Battlefield Hardline will be stable on PC at launch, Visceral assures

    PC format is “by far the best gaming platform around,” says Hardline producer. “We’re doing what we can to take advantage of people’s different system with the graphics, framerate, controls, etc. We’re not just porting it over.” Battlefield Hardline developer Visceral is reassuring players that there will not be a repeat of the disastrous Battlefield […]

  • Win Pneuma: Breath of Life for Xbox One

    We have 10 download codes for new indie puzzler Pneuma: Breath of Life for Xbox One to give away. The be in with a chance of winning a code, just enter your details below and we’ll pull the winners from the hat on Monday March 2nd, after 2pm GMT. Pneuma: Breath of Life is a […]

  • Life is Strange Episode 2 delayed

    Life is Strange Episode 2 won’t make its expected release date. The first Life is Strange episode released on January 30, and we had expected the second to follow on March 13. Square Enix has since confirmed to Destructoid that the next chapter won’t make its release date. There’s been no word of the new […]

  • Mortal Kombat X: which character will be revealed tomorrow?

    Mortal Kombat X director Ed Boon is teasing a new character reveal. During today’s Mortal Kombat X livestream, NetherRealm said that a new character would be revealed “very soon”. Boon followed up with this teasing tweet suggesting the reveal will occur tomorrow: Very soon? As in tomorrow? :/ — Ed Boon (@noobde) February 26, 2015 […]

  • Halo played by Twitch is an exercise in great patience

    TwitchPlaysHalo is ridiculous. Halo: Combat Evolved is the latest game to be sucked into the “TwitchPlays” phenomenon, and the results are somewhat painful to spectate. If you’re not familiar with the setup, which debuted with TwitchPlaysPokemon, the game accepts commands from the channels’ chat stream. Although it doesn’t have the strategic RPG elements of Pokemon, […]

  • Gold Amiibo sold out, selling at five times RRP on auction sites

    Gold Mario Amiibo are expected to sell for pretty astounding profits on eBay and other auction sites. The Walmart-exclusive Gold Mario Amiibo is already completely sold out. Plenty of people managed to snaffle them to resell, though. There are now dozens of listings on eBay and other auction sites. One of the average asking prices […]

  • Canadian new game prices jump to $75

    Canadian gamers are in for an unpleasant price hike. As spotted by HardcoreGamer, the local Canadian branches of Amazon and EB Games have raised the prices of upcoming games to CAD$75. The CAD$5 increasing comes within a year of prices hitting the CAD$70 point. CAD$75 (£38/€53) currently exchanges for $60, the standard US pricing. The […]

  • New Xenoblade Chronicles X footage shows weather, day-night cycle

    The latest Xenoblade Chronicles X footage shows off a gloriously beautiful world. Xenoblade Chronicles X is Monolith Soft’s first solo Wii U game, and the developer is clearly enjoying being able to build a big open world with all the features we’ve come to expect. Missed the whole Xenoblade thing? Chronicles X is a sort […]

  • Dead Rising: Watchtower teaser talks up the benefits of Zombrex

    Live-action Dead Rising movie Watchtower is almost upon us. Dead Rising: Watchtower will release on Crackle on March 27, and via other digital distributors thereafter. Enjoy the short teaser below, courtesy of IGN.

  • We Happy Few debut hits you upside the face with a frying pan

    Contrast developer Compulsion Games has revealed its next project – the delightfully creepy-looking We Happy Few. We Happy Few is set in “a drug-fuelled, retrofuturistic city in an alternative 1960s England” where “a plucky bunch of moderately terrible people trying to escape from a lifetime of cheerful denial”. Players are tasked with blending in with […]

  • Slender: The Arrival creeping onto PS4, Xbox One in March

    Slender: The Arrival sold like hotcakes on PC and last-gen consoles, so why not terrify yourself on PS4 and Xbox One, too? Slender: The Arrival will release on PS4 on March 24 and on Xbox One on March 25, developer Blue Isle Studios has announced, for $10. No word on that Wii U version, though. […]

  • GOG weekend sale celebrates German debut

    DRM-free games vendor GOG is celebrating its German-language launch with a tasty sale. The sale offers discounts over 25 “German favourites”. Highlights inclue 97% off Deponia, and less steep but still tasty savings on Memoria and Blackguards 1 and 2. The sale will run through March 3, and you do not have to be, speak, […]

  • Humble Weekly Bundle goes back to Japan

    The latest Humble Weekly Bundle is called Made in Japan, and I’m sure you can guess the theme. Pay what you want for Cherry Tree High Complete Pack (PC; Steam or DRM free), Fairy Bloom Freesia (PC; Steam or DRM free) and Influent + Language Pack (Linux, Mac, PC; Steam or DRM free). Pay more […]

  • Capcom “looking into” solutions to Resident Evil: Revelations PC co-op issue

    Resident Evil: Revelations 2 fans should sit tight for a bit, as Capcom is working on some sort of solution to the co-op issue. Resident Evil: Revelations 2 doesn’t have local co-op on PC and fans are pretty mad about that, as it was advertised ahead of release as a key feature. Although Capcom has […]

  • The games industry is disruption, says Assassin’s Creed producer

    Former Assassin’s Creed producer Jade Raymond has characterised the games industry as one long series of upsets. The games industry changes all the time, and that’s one of its best qualities, Raymond said. The ex-Ubisoft leader told Polygon that the reason seh got into games in the first place was because it “is this undefined […]

  • GTA 5 made $31 million in digital revenue in January

    GTA 5 is the highest-grossing title at the moment in terms of digital revenue, and the PSN is absolutely minting it. Digital games industry analyst Superdata has extended its scope to include console games, which means we suddenly have access to a whole bunch of data we’ve only been able to guess at, or extrapolate […]

  • Destiny: Inferno playlists debut next week

    Destiny PvP will shake things up next week with a new way to slaughter your mates in the Crucible. Destiny is already a skilled PvP game, but the new Inferno playlists will turn things up a notch with a focus on “basic gunplay”. The first of these, Inferno Control, kicks off on March 3 and […]

  • First-person camera coming to Guild Wars 2 next month

    ArenNet has announced its adding nonrestrictive first-person view to Guild Wars 2. Here’s what top expect come March 10: First-person Camera: Zooming in all the way will allow players to experience a first-person view. First-person mode is available while standing in place, walking, running, jumping, playing PvP and just about anything else. There aren’t any […]

  • Shadowrun Online signs on with Nordic

    Shadowrun Online has been given a nice little boost thanks to a distribution deal with Nordic Games. Shadowrun Online is a new team tactical RPG from Cliffhanger Productions. Although it’s already available through Steam Early Access, Nordic has agreed to distribute the finished version, which is due on Linux, Mac and PC in the second […]

  • Final Fantasy 15 is 60% finished, game world ten times the size of demo

    Final Fantasy 15 is 60% finished, according to director Hajime Tabata. Speaking with IGN, Tabata said development will kick into high gear once the Episode Duscae demo is released. “It’s about 60% now. People may look at that and say ‘well, you’ve only done five more percent!’ [since 55% in September] but it’s actually a […]

  • Destiny: you don’t need to visit the tower to access your vault

    Destiny players, you asked for it and Bungie has delivered it: you can now swap items in and out of the vault using the companion app. “Destiny needs more vault space” you cry – and yes, this is true. But while we all struggle with the limitations imposed on us by Bungie, we face all […]

  • Mortal Kombat X will contain over 100 Brutalities

    During the Mortal Kombat X stream today, NetherRealm Studios revealed Brutalities are back for the game, and stated there will be over 100 to pull off. You won’t gain any extra experience for being overly cruel with your painful moves, but you will at least get to laugh at some and “cringe” at others, according […]

  • Numenera: Strand is a film based on the game up on Kickstarter

    Numenera, the 2012 Kickstarter success and foundation for Torment: Tides of Numenera, could become a film if the Kickstarter for the movie is successful. With five days left, Monte Cook Games and Swedish film company Valdes/Eriksdotter needs £22,542 to reach its goal. Titled Numenera: Strand, it tells the tale of a drifter who “roams a […]

  • Gran Turismo 6 update adds MINI Clubman Vision, more

    A Mini Cooper has invaded Gran Turismo 6 via a new update. The Mid-Field Raceway track has also been added, and its a new and improved version of the original track from previous Gran Turismos. The new B-Spec Mode feature has also been added which allows the AI driver to race on your behalf. Additional […]

  • Nintendo is bringing New 3DS Xl and some playable titles to PAX East

    Nintendo is bringing New 3DS Xl and Splatoon with it to PAX East next month. The E3 2014 build of the game lets eight players transform into squids in a race for “splattered-paint dominance.” Code Name: S.T.E.A.M. will also be playable and featured in stage presentations at the Nintendo booth. Upcoming or newly released Nintendo […]

  • Battlefield Hardline Premium information seems to have slipped out early

    Battlefield Hardline Premium perks have apparently leaked a bit early, according to a post on Reddit. Over on the Hardline subreddit is an image which was take at a GameStop location, noting two week early access to content additional Battlepacks and more. Here’s the rundown: Four expansions Two weeks early access 12 additional Battlepacks Exclusive […]

  • Final Fantasy: Record Keeper arrives in the US this spring

    Final Fantasy: Record Keeper will be released in the US on iOS and Android this spring, DeNA and Square Enix today. The mobile titles allows players to “relive favorite moments” across all Final Fantasy installments and build a team of classic characters from across the entire franchise. If you sign up for email updates, you […]

  • Battlefield Hardline now available for pre-order, pre-download on Xbox One

    Battlefield Hardline is now available for pre-order and pre-download on Xbox One. You can pre-order it now from the Xbox Store and once you have paid for it, you can start your pre-download. Battlefield Hardline releases on March 17, and will be made available to pre-downloaders come 12.01am EDT. Check pricing and availability for your […]

  • Dying Light interactive video allows you switch between day and night

    A new video for Dying Light has been released, which allows you to hit the Z key to change between day and night. Titles Life and Death in the Quarantine Zone, the interactive story video showcases how the game changes between day and night. Daytime and nighttime are shown side-by-side but the z key allows […]