Tag Archives: tax breaks

Sources outline a staggering number of possible outcomes if the cultural tax test was introduced

Activision has spoken out against the UK government just a week after Chancellor George Osborne dashed developers’ hopes by cancelling Labour’s promised games tax breaks. The Financial Times this evening quotes the company CEO Bobby Kotick as saying the Activision needs financial investments to keep encouraging it to invest in …

Format-holder joins Activision in outcry to stop support for British games industry dwindling

Activision CEO says British games development has become less attractive after Government cancelled tax break promise

The publishing empire becomes the newest member of TIGA

Disappointment is echoing around UK games studios after the government yesterday said that it wasn’t going ahead with a development tax credit. But what was the real reason for the snub? According to one prominent developer, Frontier’s David Braben, the Government would have faced widespread criticism from anti-games voices if …

Frontier boss Braben says subsidy was a double edged sword for UK gov

UK publisher association ELSPA has understandably aired its disappointment at the Cob-LibDem government’s withdrawal of tax breaks for games production. But the organisation has said the move should only make the industry more determined to take advantage of policies and schemes that will support its businesses. In statement ELSPA general …

Ed Vaizey is to make what may be his first appearance at a games industry event since he became Minister for Culture at the formation of the current coalition Government. The Minister has been confirmed to be speaking at the Develop Conference on the morning of Wednesday, July 14th, immediately …

Chancellor George Osborne's Emergency Budget says Labour proposal to aid games was 'poorly targetted'