UK Games Companies Can Now Begin Claiming Tax Relief

Video games companies across the UK can now begin claiming tax relief on their production costs, as the government’s cultural regulations came into force on the 19 August 2014. With tax relief only available for companies producing games that are certified as culturally British, this milestone marks the completion of the legislation and will see the first companies begin... Continue Reading →

Culture Minister Ed Vaisey Responds To Tax Breaks Success

MCV is carrying a fairly large interview with the UK's Minister for Culture, Communication and the Creative Industries, Ed Vaisey following last week's announcement of tax breaks for the video games sector. Mr Vaisey reveals himself as a fan of the games sector and highlighted his hope for more collaboration between the games industry and... Continue Reading →

European Commission Approves Tax Relief For UK Games Industry

After years of campaigning, outreach, advocacy and explaining things patiently to various governments, parliaments and public sector bodies, the European Commission has finally approved the games production credit scheme. From April, companies across the UK will be able to apply for tax relief on the production of games which pass a cultural test. The test... Continue Reading →

EU To Investigate Tax Relief For Games Sector

The European Commission is to open an investigation into the UK's plans to provide tax relief to the video games industry.  In a press release issued on Tuesday, the European commission outlined why it believes that tax relief may not be required and in some cases may lead to unfair competition and discrimination. Here's the... Continue Reading →

Governments Tax Breaks Consultancy – Get Involved

The government's proposed tax breaks system for the interactive industry has generally been considered a good thing.  The devil, however, is in the details.  Many developers are at least partially suspicious that the government will grant tax relief only to meda corporations, or make the process so hideously complex and tied into a spurious sense... Continue Reading →

Powered by WordPress.com.

Up ↑

%d bloggers like this: