Good news: UK tax benefits for smaller game publishers such as Sony, Warner and Sega

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jawafour
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Joined in 2012

PostGood news: UK tax benefits for smaller game publishers such as Sony, Warner and Sega
by jawafour » Wed Oct 02, 2019 9:20 pm

In these times of bad news it's heartening to hear something positive. The Video Games Tax Relief (VGTR) initiative was introduced in 2014 by the UK government and this has brought about many much-needed tax breaks for smaller UK game development companies.

The results have now been revealed and it's clear that the scheme has been a major success. Sony has been awarded £30m, Warner £60m and Sega £20m.

Metro.co.uk wrote:...much of the money has gone to large-scale multinational projects, with applications for less than £50,000 accounting for more than half of successful claims but adding up to just £10 million of the total £324 million in tax reductions.


Many of these huge, global media companies are struggling to get by and it seems about time that they gained a helping hand from taxpayers :wub: .

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Poser
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Joined in 2008
Location: Newcastle Upon Tyne

PostRe: Good news: UK tax benefits for smaller game publishers such as Sony, Warner and Sega
by Poser » Wed Oct 02, 2019 10:07 pm

:lol:

:toot:

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OldSoulCyborg
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Joined in 2010

PostRe: Good news: UK tax benefits for smaller game publishers such as Sony, Warner and Sega
by OldSoulCyborg » Wed Oct 02, 2019 10:09 pm

Image

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Peter Crisp
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Joined in 2008

PostRe: Good news: UK tax benefits for smaller game publishers such as Sony, Warner and Sega
by Peter Crisp » Wed Oct 02, 2019 11:25 pm

How very dare you claim these companies don't deserve this money.
I bet you want the communists to win.

Vermilion wrote:I'd rather live in Luton.
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Gemini73
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Joined in 2019

PostRe: Good news: UK tax benefits for smaller game publishers such as Sony, Warner and Sega
by Gemini73 » Thu Oct 03, 2019 1:09 am

Don't forget the £30+ million of tax breaks that gazillionairs R* received.

Superfurryfox64
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Joined in 2017

PostRe: Good news: UK tax benefits for smaller game publishers such as Sony, Warner and Sega
by Superfurryfox64 » Thu Oct 03, 2019 1:36 am

Never heard of them


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