Report – UK government set to reintroduce games tax breaks

By Johnny Cullen

The UK government is set to reintroduce games tax breaks of up to £30 million, according to a Sunday Times report.

The story claims that tax relief will be introduced next month during chancellor George Osborne’s Budget speech, adding Osborne is “considering the introduction of tax breaks for the computer game industry as an eye-catching measure to put in his budget for growth.”

Tax breaks were confirmed by the previous Labour government last year before Osborne and the coalition government cancelled them in his emergency budget last June.

Last week, it was reported that Osborne backed the UK games industry.

Thanks, Edge.