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Submitted by -Mezzo- 1161d ago | news

UK government says 25 per cent games tax relief will be “among the most generous in the world”

EDGE - UK chancellor George Osborne today confirmed that tax relief for the nation’s videogame companies will be set at 25 per cent, introduced next year, and be “among the most generous in the world”. (Industry)

OneAboveAll  +   1161d ago
Smart government. Games are already expensive enough no matter where you live. Games here at my GameStop in the US are $59.99 and after tax i'v paid around $63+
#1 (Edited 1161d ago ) | Agree(2) | Disagree(2) | Report | Reply
PirateThom  +   1161d ago
It's not a reduction for end users, but a tax break for developers. Makes the UK more attractive for start up and existing studios.
NewMonday  +   1161d ago
i bit late, a few studios closed down already, but hopefully the developers can be re-hired now
phello  +   1161d ago
It is tax relief for developers not the sale of games. :)
jdaboss  +   1161d ago
lol.. you big dummy.
krazykombatant  +   1161d ago
we should see some gaming companies a moving here to the UK soon enough I would think.
tigertron  +   1161d ago
One of the few things this government has done that I support. Never thought I'd say this, but thanks George/Gideon Osborne.
SnakeCQC  +   1161d ago
tories are the only species that can say complete lies with a straight face
hiredhelp  +   1161d ago
I want labour back in theyve screwed up gone back on all there promises.

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