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 Budget 2010: UK games firms welcome tax breaks

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RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

Budget 2010: UK games firms welcome tax breaks Vide
PostSubject: Budget 2010: UK games firms welcome tax breaks   Budget 2010: UK games firms welcome tax breaks Icon_minitimeThu Mar 25, 2010 2:27 am

The chancellor's decision to offer tax breaks to the UK gaming industry has been welcomed as "fantastic news" by those who work in it.

Tiga, the trade association that represents UK games developers said tax relief would create 3,500 more jobs over the next five years.

It would allow the UK to "compete on a global stage," said Tiga chief executive Richard Wilson.

The surprise announcement was made in the budget.

"This is an inspired decision. Games tax relief is good for the UK video games industry, good for UK consumers and good for the UK economy," said Mr Wilson.

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