UK Tax Breaks

UK Tax Breaks headlines

• UKIE calls for dev support in face of EU investigation into UK games tax relief

  Last week, in was announced that the EU Commission is to investigate the case for UK tax breaks and stated that “It is not clear whether the taxpayer should be subsidising this activity.” Now, the association for UK Interactive Entertainment has asked that UK developers provide evidence to help bolster the case.

• UKIE makes final recommendations for UK tax credits

  UKIE has made its final recommendations for UK tax credits to the government, with the trade body’s CEO stating that there are further areas on the scheme which still need addressed.

• TIGA calls for 30% tax relief on UK games industry

  UK trade body TIGA has thrown support behind a scheme to introduce a 30% tax relief rate for the local games industry.

• UK culture secretary: Tax breaks not enough for games industry

  UK secretary of state for culture Jeremy Hunt says the UK government should up its game by offering the games industry the same kinds of incentives as Canada does.

• Report - UK government set to reintroduce games tax breaks

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

• Activision and Sony to re-think UK industry support

  Activision CEO Bobby Kotick has warned that the company will cease to invest in the UK should the government fail to provide incentives or tax relief to the games industry.

• Report: Global publisher killed UK games tax break

  Sources close to Develop claim that one of the world’s largest game publishers is to blame for UK’s games tax break getting canned.

• Molyneux demands government support for UK tax breaks in industry

  Peter Molyneux is the latest person to throw his weight behind getting tax breaks for the UK games industry from the government.