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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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    PlayStation 4′s newly-added suspend/resume feature works with Bloodborne as you’d expect, but only while offline. PlayStation 4 received the long-awaited suspend/resume feature today as part of firmware 2.50, and people are starting to test it out with various games. Bloodborne does work with the feature, but only if you play offline. Playing online is arguably […]

  • This is what Crossy Road looks like in first-person

    Crossy Road is fun and addictive. But in first-person, it’s mostly frightening. YouTube user Andy Front Films likes Crossy Road so much he decided to show off what it would look like in first-person. If crossing roads quickly and watching around for cars and trains, all of this as the camera chases you felt intense […]

  • Take a small behind-the-scenes peek at Mass Effect 4

    BioWare cinematic director Ken Thain has given us a very slim look behind the scenes at some motion capture work from the upcoming Mass Effect game. The upcoming Mass Effect game, whether it ends up being called Mass Effect 4 or not, will most definitely incorporate some form of motion capture work. How do we […]

  • Borderlands: The Handsome Collection – 8GB day one patch on PS4, 16GB on Xbox One

    Day one patches for Borderlands: The Handsome Collection are pretty hefty. Both the PlayStation 4 and Xbox One versions of Borderlands: The Handsome Collection require players to download lots of gigabytes to make the experience as smooth as possible. The PlayStation 4 version has an 8.31GB day one patch. The Xbox One version however has […]

  • Get a PlayStation 4 with Bloodborne and The Last of Us for $435

    If you’ve been waiting for the perfect game to get to buy a PlayStation 4, there’s no better time than the present. Amazon is offering a good PlayStation 4 bundle at the moment. For $434.99, you get a PlayStation 4 console, The Last of Us, and Bloodborne. The Last of Us is of course the […]

  • Upcoming Battlefield Hardline patch to nerf the K10, buff battle rifles

    Battlefield Hardline’s first patch will focus on weapon balance and a few changes have been proposed. Battlefield Hardline lead multiplayer designer Thaddeus Sasser posted a few of the balance changes that the team is considering for the next patch. K10: reduce bullet damage to 33 Saiga and PTR: reduce recoil to bring more in line […]

  • Call of Duty: Black Ops 3 and a new Resident Evil game coming this year, according to research firm

    According to digital games analyst SuperData, a new Resident Evil game is due this fall and that this year’s Call of Duty is Black Ops 3. In its latest report on digital console games, research and analytics firm SuperData revealed that a new Resident Evil is coming this fall. “We anticipate this month’s downturn to […]

  • Bloodborne: you can add gestures to your messages

    As players get deeper into Bloodborne, they keep uncovering so many of its little new additions, including this one. Bloodborne, like all of the Souls games before it, allows players to leave messages for other players. These messages could be used to point players towards impending doom, treasure, or just be sarcastic and witty. What […]

  • PlayStation 4 firmware update 2.50 is now live

    PlayStation 4 firmware update version 2.50 has started rolling out. Reports are coming in saying that Yukimura, PlayStation 4′s firmware 2.50 has been made available to download. The update is clocking in at just 245mb, so get downloading. 2.50 brings with it many new additions, including the suspend/resume feature, backup and restore, accessibility options and […]

  • Harley Quinn DLC for Batman: Arkham Knight is a prequel

    Batman: Arkham Knight’s Harley Quinn pre-order DLC is set before the events of the main game, according to Amazon’s description. Today we learned a few details about the pre-order DLC for Batman: Arkham Knight, namely the Harley Quinn one. According to the description on Amazon, the DLC takes place in the lead-up to the events […]

  • Bloodborne Vicar Amelia summon mystery solved

    Bloodborne players unable to summon near Vicar Amelia: here’s your solution. Bloodborne’s secrets are unfolding by the hour as clever players piece together From Software’s cunning design. Yesterday we reported problems summoning in the Cathedral Ward, before the Vicar Amelia boss fight. It turns out this isn’t a bug – or if it is, it’s […]

  • Steven Spielberg will direct film adaption of Ready Player One

    Steven Spielberg will direct the film adaption of the sci-fi, virtual world, video game themed novel Ready Player One by Ernest Cline. Warner Bros. bought the rights to the film in June 2010 and hired screenwriter Zak Penn to rewrite the previous draft written by Eric Eason, according to Deadline. The book takes place in […]

  • Bloodborne players with PS4 headsets shouldn’t forget about the custom audio

    Here’s a friendly reminder for Bloodborne players with PS4 headsets: be sure to download the Headset Companion App from the PlayStation store if you haven’t already. As previously reported, the game supports a custom Bloodborne audio mode which can be uploaded. It contains custom audio created by developers specifically tuned to enhance the audio. This […]

  • EA explains why FIFA Ultimate Team transfer prices are now platform specific

    EA has posted a blog entry explaining its FIFA Ultimate Team transfer market price ranges which now include platform-specific pricing in order to best the coin sellers. EA said it has implemented the changes to FUT over the last several weeks because it should be “fair and fun for every player,” ultimately coming to the […]

  • Game of Thrones: Episode 3 – The Sword in the Darkness now available

    In case you forgot, Game of Thrones: Episode 3 – The Sword in the Darkness was released today. It is available on Mac, PC, PlayStation 3, PS4, Xbox 360 and Xbox One. The third episode releases on iOS devices and Android tomorrow, March 26. The Sword in the Darkness finds Asher Forrester heading to Mereen […]

  • Bloodborne players are already documenting their crazy antics

    Bloodborne has been available for almost two days now in North America, and already players are posting interesting clips and character customization choices for the game. Below are interesting takes on creating a character and videos of a frustrating death and another full of blood coming from a very painful place – monster or not. […]

  • FIFA Ultimate Team celebrates sixth year in existence with giveaways

    FIFA Ultimate Team is celebrating its sixth year in existence with special events running from today until March 29. According to EA, every FUT fan will be handed one free pack every day, and those who play at least one match in the FUT Birthday Cup will have a chance to win rare “tradable In-Forms” […]

  • Halo Online is a F2P PC game in development exclusively for Russia – video

    Halo Online is a free-to-play game which will launch this spring in Russia, and is in development with Saber Interactive. According the reveal event attended by IGN Russia, the game was designed to run well on lower-end PCs and runs on a modified Halo 3 engine. The game is set on a secret UNSC space […]

  • SteamWorld Dig Xbox One release expected in late May

    SteamWorld Dig is coming to Xbox One, developer Image & Form has announced. A firm release date hasn’t been announced, but the studio expects the title to arrive on the system in late May. “We’re preparing quite an elaborate Easter egg for the Xbox One version – a gaming thing that we really wanted to […]

  • SMITE celebrating first anniversary with a sale on skins, Ultimate God Pack

    Hi-Rez Studios is celebrating the first anniversary of SMITE with a sale. From today through Friday, March 27, the Ultimate God Pack, which includes all current and future Gods, will run you $19.99. Alll individual pre-launch skins are 50% off, and all Gem Packs will award bonus gems. In addition, from March 27-29, all SMITE […]

  • Borderlands 2 has sold around 12 million copies, says Gearbox

    Speaking with Microsoft’s Major Nelson in his podcast, Gearbox Software boss Randy Pitchford stated Borderlands 2 has sold somewhere around the 12 million mark. As of August 2014, it was announced by Take-Two in its financial report the 2012 game had sold-in 10 million units. Pitchford noted in the podcast he learned of the figures […]

  • Broken Age releasing on PS4 and Vita same day as Act 2 on PC

    Double Fine Productions has announced it will release Broken Age on the PlayStation Store next month. Act 2 will also be released on PC. The full Broken Age adventure will release on PlayStation 4 and Vita on April 28 in North America and April 29 in Europe. It features cross-buy and cross-save. Broken Age Act […]

  • Star Citizen earned another $1 million within two weeks – total hits $76 million

    Star Citizen continues its funding streak with backers pumping another $1 million into the game’s development in the last two weeks. The total earned for the space sim has now reached $76 million ($76,015,532 to be exact) with 851,395 backers contributing to the staggering figure. Star Citizen’s latest update was version 1.1 which included two […]

  • Final Fantasy Type-0 HD, Resident Evil Revelations 2 and Battlefield: Hardline top Media Create charts

    Final Fantasy Type-0 HD, Resident Evil Revelations 2 and Battlefield: Hardline were the big ticket debuts during the March 16-2 period in Japan, with each game claiming the top three slots on the Media Create charts, respectively. Final Fantasy Type-0 HD moved 92,094 on PlayStation 4, while Resident Evil Revelations 2 moved 73,373 units on […]

  • You can now learn English or Spanish on Xbox One with the Rosetta App

    Want to learn English or Spanish? Rosetta Stone has an App for that on Xbox One. According to the language teaching firm, Rosetta Stone’s Discover Languages, the new application teaches English and Spanish by way of immersive simulation. Users will virtually travel to learn vocabulary and grammar “necessary for real-world interactions.” Here’s how it works: […]

  • PayDay 2 and PayDay: The Heist have sold over 9 million units combined

    The PayDay franchise is a lucrative IP for Starbreeze and Overkill, as both games combined have sold over 9 million copies as of November 2014. The company has also sold over 8 million paid DLC packages since PayDay 2 was released in 2013 (via NeoGAF). In its Q2 half year report issued in February, net […]

  • Nintendo wants to “surprise” customers with NX, not expand upon existing hardware

    Nintendo president Satoru Iwata has firm wants to “surprise” players with its new NX system. Speaking in an interview with Nikkei, translated by Kotaku, Iwata wouldn’t go into details on the new system, but stated expanding on a current gaming system would be “dull.” “In the past few years, the idea of what [encompasses] a […]

  • Kojima Station show suspended

    In another episode in the the ongoing kerfuffle between Hideo Kojima and Konami, the publisher has suspended the Kojima Station web show. Recent tweets from the newly created Japanese Metal Gear Solid account confirm that Kojima Station will not be broadcast tomorrow, but would not provide a date for the next episode. The Tweets were […]

  • Watch Battle Royale for free this weekend on Xbox Live

    Square Enix is celebrating the launch of Final Fantasy Type-0 HD by offering Xbox Live members in the UK a free rental of Battle Royale. Starting Saturday, March 28 and through Sunday, March 29, Xbox Live members in the UK will be able to rent Battle Royale through the Xbox Video Store, for free. The […]

  • Bloodborne journal, part 1: managing anxiety on the path to the Cleric Beast

    Bloodborne is both like and unlike the Souls games. Brenna descends into Yharnam with reluctance and trepidation. Need help succeeding in Bloodborne? You need our Bloodborne walkthrough and boss guide. Bloodborne isn’t Demon’s Souls or Dark Souls. Let’s get that out of the way right off. I enjoyed both Dark Souls games, but it was […]

  • PS Store Easter sale discounts MGS: Ground Zeroes, Far Cry 4, more

    The Easter Sale is live on the EU PS Store, with Metal Gear Solid 5: Ground Zeroes for less than £10, FIFA 15 Deluxe Edition for £30 and other savings. Some of the PlayStation 3, PS4 and Vita discounts are valid through April 8, other through April 15. PlayStation Plus members can also take an […]