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Games

Submission + - UK Video Games Tax Relief Cancelled (thinq.co.uk)

Stoobalou writes: UK games developers have just been dealt a financial blow by Chancellor George Osborne in his first budget, which sees the coalition Government scrapping the video games tax relief plans promised by Labour.

In his speech today, Osborne simply said the "planned tax relief for the video games industry will be cancelled." According to the Government's budget report, the cancellation of video games tax relief will save the government £40 million in the 2011-2012 financial year, and a further £50 million in each subsequent year.

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UK Video Games Tax Relief Cancelled

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