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Games industry tax breaks rejected by chancellor, Darling

Games industry tax breaks rejected by chancellor, Darling

IMF Spring Meetings 2008

In his pre-budget report delivered later today, chancellor of the Exchequer, Alistair Darling, is expected to completely ignore the British games industry’s pleas to be granted similar tax breaks to those afforded to the UK film industry, as well as to games companies in other countries such as Canada and Korea. The report hasn’t happened just yet so strictly speaking, you never know, but newspapers have already been given a run down of what to expect and tax breaks for game studios doesn’t come up anywhere.

Tiga, the UK’s games industry trade body, has been lobbying hard for tax breaks since Britain was overtaken by Canada in the ‘who’s got the biggest games industry’ world rankings. The UK held the number three spot, just behind Japan and the US, for a long time, but Canada has seen a boom in its game development industry in recent years thanks to an increase in tax credit options targeted specifically at the games industry.

Why doesn’t Britain do the same? Doesn’t look as if the Chancellor is even going to bother explaining why not.




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