hot  /  reviews  /  videos  /  cblogs  /  qposts

FINALLY: UK game industry getting tax relief!

11:30 AM on 03.24.2010 // Jim Sterling

After what has felt like forever, British chancellor Alistair Darling has finally revealed that the government will adopt TIGA's tax relief plan for UK game developers, giving them incentives that other media have enjoyed for years. The British government has refused to entertain the idea of videogame tax relief for a long time, but after extensive lobbying from TIGA, the plans have broken through. 

Under the new plans, successful games will get to pay less tax on their profits, while less popular titles will be able to reduce their losses with tax credit. For companies to qualify, they will need to be included under the umbrella of UK Corporation Tax, as well as pass a cultural test to prove that their work is British and beneficial to the country. 

"Games tax relief will increase employment, investment and innovation in the UK videogames sector," says TIGA CEO Richard Wilson. "Our research shows that games tax relief over a five year period should create or protect 3,550 graduate level jobs, increase or safeguard £457 million in development expenditure and encourage developers to adopt new business models and create new intellectual property."

So, while Alan Titchmarsh and his cronies try to paint videogames as the devil, the British Government awards them with tax credit. Today, friends, is a victorious day for gaming!

Government adopts TIGA's tax relief plan [, thanks Wadawoodoo]

Jim Sterling, Former Reviews Editor
 Follow Blog + disclosure JimSterling Tips
Destructoid reviews editor, responsible for running and maintaining the cutting edge videogame critique that people ignore because all they want to see are the scores at the end. Also a regular f... more   |   staff directory

 Setup email comments

Unsavory comments? Please report harassment, spam, and hate speech to our moderators, and flag the user (we will ban users dishing bad karma). Can't see comments? Apps like Avast or browser extensions can cause it. You can fix it by adding * to your whitelists.

Status updates from C-bloggers

ikiryou avatarikiryou
Went to play MGSV, got prompted to download the MGO data; it's not on the PS Store yet. Or maybe it's Kojima-san's way of telling me it's not the real MGO data, but is instead a janitor who once protected me from a puddle of pee and now wears my face.
CJ Andriessen avatarCJ Andriessen
Going grey >>>>>>>>>>> Going bald
Rudorlf avatarRudorlf
Recently watched the Cannon Films documentary, by the director of Not Quite Hollywood. Super entertaining, hilarious, and it almost made me want to watch some of the Cannon films. Almost.
CaimDark Reloaded avatarCaimDark Reloaded
PEOPLE! PEOPLE! PEOPLE! Tomorrow I'm meeting Shade of Light in RL!
able to think avatarable to think
Tip for those who have plasma TVs and are playing MGSV; go into settings and make the weapon icon only appears when you're aiming. I had to buy a new TV because the weapon icon got permanently burned into my plasma.
FlanxLycanth avatarFlanxLycanth
Any of you cute little butts gonna be at London Comic Con?
Jiraya avatarJiraya
You felt your sins crawling on your back... [youtube][/youtube]
Halflocke avatarHalflocke
what was the first game that used crowd motivated you to contribute ?
Mike Martin avatarMike Martin
Mad Max, Critters and some The life and times of Tim to finish the night. T'was a good day.
techsupport avatartechsupport
I was excited to learn one of my favorite Philip K. Dick novels, The Man in the High Castle, would be receiving its own TV show. After watching the pilot, I'm cautiously optimistic. Looking forward to the rest in November.
Nekrosys avatarNekrosys
I'm going to be honest; this is my new favourite line in anything ever. GOTY 2015 and all that. Also cocks: [img][/img]
I thought Laura Kate's Destiny piece for Polygon was pretty neat.
Barry Kelly avatarBarry Kelly
Bungie have decided Kojima isn't the only one who can do 4th wall breaking shenanigans. Congratulations Destiny players, you're all now The Taken King.
I have (jokingly) wanted a remake/sequel to Geist. And then I went to YouTube to watch a longplay to see it in action again and thought, "nevermind!"
The humblest person I know avatarThe humblest person I know
I'd been worried that Jim had been losing his sanity with all the Steam sludge he's always attacking. If you've been feeling the same way, good news. His new vid warmed that void and reminded me that I follow him because he had no sanity to start with. ;)
CoilWhine avatarCoilWhine
Reading the Star Citizen expose reminded me of the whole Firefall mess last year. [url=""]Found the gamefront article [/url]
GoofierBrute avatarGoofierBrute
I went from listening to the soundtrack of SMT IV, to the soundtrack to Mario Kart 8, Smash 4, Fire Emblem, and now chilling with some Mother 3. All of it was pretty awesome by the way.
Pixie The Fairy avatarPixie The Fairy
After the 11th, I'm going into cryosleep until SMT IV Final is out. I'm sure Mike, Occams and Strider can manage without me. [img][/img]
TheLimoMaker avatarTheLimoMaker
In need of another writer for my monthly blog on the PS Plus games. Given how nobody really reviews all of them (and after spending time downloading bad ones), I thought it'd be a nice time to try and do it for the PS users out there. So... Need some help
Sonic Dash 2: Sonic Boom is a thing...TT_TT
more quickposts



Invert site colors

  Dark Theme
  Light Theme

Destructoid means family.
Living the dream, since 2006

Pssst. konami code + enter

modernmethod logo

Back to Top

We follow moms on   Facebook  and   Twitter
  Light Theme      Dark Theme
Pssst. Konami Code + Enter!
You may remix stuff our site under creative commons w/@
- Destructoid means family. Living the dream, since 2006 -