UK video game companies got a nice tax break in the UK budget that was released today.
Today’s Budget Day in the UK, which means news report complaining about taxes on stuff and general commentary on how this will improve/destroy society. We don’t care too much about that, because buried inside the 707kb, 116 page document there’s something newsworthy to us techies. A few things at least.
Firstly, game companies can enjoy corporation tax relief from April 2013, pending approval from various governmental places. This is what the games industry has campaigned for and has finally got, which makes them happy.
Read more over at our tech blog TechMamba.