UK tax reliefs introduced

Now I wonder what the implications will be for our industry…the competition saga rolls on – but this seems to be a corporation tax relief rather than a cultural test based one.

‘The UK chancellor George Osbourne has confirmed that the videogame industry is to receive some form of tax relief.

Speaking in today’s budget, he acknowledged the need to "support our brilliant video games and animations industries"

"Following consultation on the design, the Government will introduce corporation tax reliefs for the video games, animation and high-end television industries from April 2013, subject to State aid approval," read the official budget report. ‘

http://www.gamesindustry.biz/articles/2012-03-21-uk-chancellor-confirms-tax-relief-for-games

Aphra.