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Still Taxing Times for UK Gaming

The future of the UK video games industry looked much rosier in March when the previous Labour government pledged to introduce a tax credit to help the sector compete on the world stage. Despite British studios contributing around £1 billion a year to the economy and creating hundreds of jobs, the new Conservative/Liberal Democrat coalition government refused to include the measure - which would work broadly similar to the film industry tax relief - in the emergency Budget in June, after being unconvinced by its benefits. Undeterred, industry trade body Tiga has continued its lobbying onslaught to convince the government that Britain's position among the gaming elite is under threat from Canada, France and other industries that have been fuelled by state support. After investigating the issue just over a year ago, Digital Spy returned to examine the current state of play, including why the battle for a tax credit is far from over.

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digitalspy.co.uk
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