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Re: Tax Credit Sends UK Game Industry On Hiring Spree?
Theres alot of info here http://www.tiga.org/news/tigas-successes-in-the-budget-2012 TIGA has a number of successes in Budget 2012, such as: 2.47 Enterprise Management Incentive (EMI) scheme The Government will more than double the individual grant limit from £120,000 to £250,000, to commence at the earliest opportunity… -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
This is a HUGE fear of mine. But the film industry has had them forever. Vancouver decided to go with the route of fully funding film and animation over video games. It's why the game studios left, but Sony Imageworks, Dreamworks, Pixar, Digital Domain, and plenty of others recently opened up shop there. -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
the UK has been knocking out some pretty good games recently, Batman AA, Little Big Planet, Wipeout, Fable, Total War etc. Yeah not as much as the US and Canada but then its a fraction of the size. These tax breaks arn't really coming in to give the UK an advantage but to level the playing field with Canada and the US who… -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
There is what, a handful of studio's at most in the UK...I really hope this changes things. -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
Good luck? I hope future managers are clever enough to base their businesses not just incentives alone. While its good in the short run, the long term consequences scare me. An entire industry dependent on special tax breaks? Better use that chance to build something sustainable. Those breaks won't be there forever. -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
any idea if this will help indies like me? I don't understand enough to know really. I'm only a sole trader too -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
If you pay corporation tax you should find its just been reduced by 1% and will go down to 22% by 2014. The tax credits should be on what's sold as far as I understand. Its basically a tax break that has only been in the film industry but now includes the games an animation industry. -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
Its all good but tax changes tend to take a year to kick in with true results on the ground. Its probably why general growth figures have been revised up for the coming years but unchanged for this year. By the end of the parliament there really isn't many reasons why we shouldn't be as competitive as the other hot zones… -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
Why are we not on that list? bah humbug! By the way - new release last week http://www.totalwar.com/shogun2/fall-of-the-samurai -
Re: Tax Credit Sends UK Game Industry On Hiring Spree?
I don't think business needs to worry about that because these 2 taxes just happen to be going to the threshold which it should always be. its been proven time and time again that lower taxes improve business. Its the only reason Hong Kong became richer than the UK in 1999.
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