UK to Offer Tax Breaks to Game Developers

UK to Offer Tax Breaks to Game Developers

| Source: Tweaktown Author: Mark Campbell

UK to Offer Tax Breaks to Game Developers

The UK wants to attract game developers and is now offering tax breaks which could be worth up to £115 Million over the next four years. While the exact details on how large the tax cuts will be to developers remains unclear right now, but we do know that developers will have to pass a "cultural test in order to apply for the tax reductions.

The "Cultural test" for developers will require them to prove that their games are influenced by European culture or locations and are intended to have a European release. Full details on this cultural test are available here (Special thanks to pixxelbob on the forums).

A UK based developer Jason Kingsley, the chairman of Tiga, the London based game developers trade association said this:

“I remember when people were first talking to me about this, they were saying, ‘Are we going to have tons of games based on double-decker buses and people with bowler hats?” The answer is no. But you could have games like that, and they would probably qualify very easily.”

Tax cuts are always a good way to promote the growth of a particular industry, so let's hope this allows some new game devs to pop up within the British Isles. London or other European Cities have always been popular locations to set a game, but let's hope this does not see a tonne of The Order 1886 clones pop up. I wonder if OC3D could get some tax cuts if we made a game?

You can join the discussion on Tax cuts for UK based Game developers on the OC3D Forums.

The UK is now offering Tax breaks for Game Developers. http://t.co/NzJbCiwlD8 pic.twitter.com/DMbankmm4t — OC3D (@OC3D) April 1, 2015

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