Sections

Independence could strip Scotland of UK game tax breaks

Friday, 28th March 2014 11:06 GMT By Dave Cook

Yesterday, the European Commission lifted its block on tax incentives for the UK games industry, however, if Scotland gains its independence at the September 18 referendum, the nation could find itself stripped of the breaks.

The referendum will see Scotland vote for or against independence from the UK, and if the vote passes as a ‘yes,’ the nation will gain control of its own tax affairs. It then falls on the Scottish Government to devise its own equivalent of the European Commission’s Games Tax Relief program. If this happens, the scheme would have to go through the Commission’s lengthy approval process.

So far, the Scottish Government has not addressed this matter but we’ll update you if we hear more.

Via MCV.

Latest

5 Comments

  1. johngeoffrey

    I thought that if Scotland went independent it wouldn’t be part of the EU initially as it would have to go through the usual frameworks to join as an independent state and as such wouldn’t have to deal with the EU Commission if it were to do tax breaks after independence. No?

    #1 7 months ago
  2. jonnymelamet

    A lack of Tax Breaks will kill any chance of Scotland going independent unless, as John @1 mentioned, Scotland is not a part of the EU.

    If that is the case, Scotland is going to have a lot more problems than Tax Breaks for gaming companies.

    Personally, I doubt Scotland will vote for independence. This is just Alex Salmond making a play so he can be the leader of a country. The guy is delusional. Last month he said that he expect there to be a currency union if Scotland becomes independent. Independent means independent; no currency union; no health benefits etc.

    #2 7 months ago
  3. mistermogul

    Stay with us Scotland for fooks sake. We are better off together not separately…

    #3 7 months ago
  4. Tormenter

    Tax beaks for games developers is the LAST thing we should be worrying about if Scotland gets independance.

    #4 7 months ago
  5. Tormenter

    @mistermogul

    As a Dyed-in-the-wool Scot.. I agree with you.

    #5 7 months ago

Comments are now closed on this article.