Home Forums Business and Legal New tax incentives for game developers?

Welcome to our forums. These forums were active from 2003-2014. We have now decided to close them down, but will leave them here as an archive.

Remember you can send us feedback, news, jobs and content ideas by clicking here.

If you're really stuck for time, email news@gamedevelopers.ie.

You can also follow us on Twitter @gamedev_ie 

 

 

This topic contains 10 replies, has 7 voices, and was last updated by  aphra 3 years, 2 months ago.

  • Author
    Posts
  • #8411

    TaxandLegal
    Participant
  • #48444

    aphra
    Keymaster

    I think this has already been going on to some degree behind the scenes. The UK announcement has probably given it fresh impetus.

    Aphra

  • #48445

    aphra
    Keymaster
  • #48537

    Kat2.0
    Participant

    Does anyone know of any gaming companies using 481 in its current guise? I heard it was possible but not sure how….

  • #48596

    DeeK
    Participant

    Does anyone know of any gaming companies using 481 in its current guise? I heard it was possible but not sure how….[/quote:207a859f63]

    I’d be interested to hear how. The guidance notes specifically state "excluding computer games" when discussing qualifying films, and list "games" as being ineligible…

  • #48598

    Roganski
    Participant

    We looked into aspects of this back before in TKO (before it became PopCap Ireland). We had artists working on games art and the question arose as to whether games artists could be exempted from paying tax. As it turned out it’s a sort of grey area. If you are executing your own concept as an artist you are exempt, but if it’s someone elses concept you are not. I’m not sure how you could get round that. But I think that if an artist is creating a game from scratch, that’s their own idea, and they are using a games creation software package (for example) to make the game, then they should really be exempt. Either way it’s something that could do with a bit of clarification.

  • #49386

    aphra
    Keymaster

    details on the proposed UK scheme are becoming available.

    For one overview see develop at http://www.develop-online.net/news/42752/Revealed-The-video-games-cultural-test

    and for details on the consultation see http://www.hm-treasury.gov.uk/consult_creative_sector_tax_reliefs.htm

    Aphra

  • #49829

    chocapps
    Participant

    It’d be nice if they did this in Ireland.

  • #50621

    Sarah6712
    Participant

    It’d be nice if they did this in Ireland.[/quote:c50dc20a4c]

    Lol that would be the day :P

    Then again i don’t see why they dont – its not like we couldn’t do with it

    Sarah :roll:

  • #50874

    aphra
    Keymaster

    UK tax credit scheme has been passed by the Commission in Brussels.

    See: http://europa.eu/rapid/press-release_IP-14-331_en.htm

    It will be interesting to see if there is a move here for something similar.

    Aphra

  • #51016

    aphra
    Keymaster

    Just in time for Quebec to cut back on its supports due to what looks like – to us – a small budget deficit!

    http://www.develop-online.net/news/sweeping-quebec-cuts-hit-canada-s-generous-games-subsidies/0194129

    Aphra

The forum ‘Business and Legal’ is closed to new topics and replies.