Wednesday, 9 December 2009

Game-Debate News: UK Government set to reject developer tax breaks


Video games developers won't be receiving government support. That's according to The Guardian who report that Chancellor Alistair Darling is set to reject tax breaks for developers in today's Pre-Budget Report.

The UK games industry has produced worldwide hits like the Grand Theft Auto games and the Tomb Raider series but is facing fierce competition from other countries such as Canada and North Korea who are using their government subsidies to lure British developers overseas.

The games sector contributes more to the economy than UK film - which does get subsidised - but it unfortunately appears the government will be rejecting recommendations for a "cultural tax break" in the Digital Britain report.

The UK games industry had been ranked third largest in the world for decades - behind only the USA and Japan - but it's estimated the UK is now only ranked fifth behind Canada and South Korea.

No comments:

Post a Comment