EU Helps UK Games
Here's good news for British video games developers. The European Commission has approved tax relief measures worth as much as £188 million over five years for games makers. Games industry body Tiga lobbied for a tax relief policy, which will allow games developers to claim discounts on up to 25% of a game's production costs. Originally the Commissions was dubious of the need for tax relief, but after investigation it has changed its mind. It now believes that without such help British video games would "decline considerably". This huge boost to the UK games industry will help to safeguard more than 4,600 British jobs (CLICK).
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