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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”.

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OneAboveAll1690d ago (Edited 1690d 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+

PirateThom1690d 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.

NewMonday1690d ago

i bit late, a few studios closed down already, but hopefully the developers can be re-hired now

phello1690d ago

It is tax relief for developers not the sale of games. :)

krazykombatant1690d ago

we should see some gaming companies a moving here to the UK soon enough I would think.

tigertron1690d ago

One of the few things this government has done that I support. Never thought I'd say this, but thanks George/Gideon Osborne.

SnakeCQC1690d ago

tories are the only species that can say complete lies with a straight face

hiredhelp1690d ago

I want labour back in theyve screwed up gone back on all there promises.