UK Game Industry Tax Break 'Four Years Away'

December 3, 2010 -

UK Department for Culture, Media and Sport minister Ed Vaizey said at a recent meeting that tax breaks for the UK games industry could be a long ways away. Speaking recently at DCMS select committee meeting, MP Vaizey said that tax incentives for the interactive entertainment industry could be off the table for three to four years. He also said that he would encourage trade group TIGA to look for alternatives to tax incentives for the industry.

When asked if tax incentives were completely off the table, Vaizey said that he would "encourage TIGA in particular to look at other creative options."

Those other options include "regional growth funds" and direct support from the government - specifically the Department for Business, Innovation and Skills.

Source: GameSpot UK

Posted in

Comments

Re: UK Game Industry Tax Break 'Four Years Away'

Four year's time is better than never...

"Vaizey said that he would "encourage TIGA in particular to look at other creative options."

Those other options include "regional growth funds" and direct support from the government - specifically the Department for Business, Innovation and Skills."

That's a good point, there are alternatives to tax breaks. However, the games industry wasn't asking for investment of public funds, just a reduction in what they have to pay, in line with other countries.

 
Forgot your password?
Username :
Password :

Shout box

You're not permitted to post shouts.
TechnogeekKaylaKaze: I fail to see how "that key was obtained via theft by deception" isn't fradulent.05/22/2015 - 8:46pm
Wonderkarp*Sippin on Long Island Iced Tea*05/22/2015 - 8:24pm
james_fudgeIT was all me. I broke the site. Send your hatemail!05/22/2015 - 8:15pm
KaylaKazeESO banning people for buying thier game when it was cheap, claiming fraud. http://www.reddit.com/r/elderscrollsonline/comments/36womu/deactivation_of_fraudulently_obtained_esotu_game/05/22/2015 - 5:29pm
Matthew Wilsonwtf? wounder if its time for a site redo with modern tech. somthing cheap like the latest version of word press.05/22/2015 - 5:27pm
Andrew EisenJames pasted my copy into a new story for me and the crappy Word formatting it inherited broke the site.05/22/2015 - 5:21pm
Andrew EisenHere's what happened: some weird bug is preventing me from uploading an article pic. Stories can't be saved with out pics so I couldn't write a story. So, I wrote it in Word and pasted the text into an email and forwarded it to James.05/22/2015 - 5:21pm
Goth_SkunkThanks E-Zeek.05/22/2015 - 5:09pm
E. Zachary KnightI fixed the shoutbox. Everyone thank me now. Or not. I don't care either way.05/22/2015 - 5:07pm
ZippyDSMleeShout box sttasahhppppp!!05/22/2015 - 10:47am
Andrew EisenOh, here it is. I thought it was gone. Yeah, I'm experiencing the same issue. Sent a note to tech.05/22/2015 - 10:43am
E. Zachary KnightAnyone else have the shout box pushed down to the bottom of the site?05/22/2015 - 10:38am
MattsworknameAndrew and EZK help me pull back a bit , still working on it05/22/2015 - 7:06am
ConsterI think IP is the only person here who doesn't think IP needs to dial it back several levels.05/22/2015 - 6:14am
Mattsworknamehttp://www.foxnews.com/politics/2015/05/22/fec-backs-off-flirtation-with-regulating-internet/05/22/2015 - 1:34am
MattsworknameWell, on another subject, Saw this, and while I know it's fox news, thuoght I should share it05/22/2015 - 1:34am
MechaCrashYeah, even I think IP needs to dial it back.05/22/2015 - 12:35am
Mattsworknamesays05/21/2015 - 11:17pm
MattsworknameRE doc, everyone has a tendancy to let emotion get ahead of them, especially in an annoymous forum like the web. We have have those moments. Ip however has nothing but those moments. it's why I stopped responding to him, regardless of what he thinks or05/21/2015 - 11:17pm
DocMelonheadNo offense, but I see your behaviors in the comment sections uncalled for.05/21/2015 - 8:51pm
 

Be Heard - Contact Your Politician