Wednesday 23 June 2010

Tax breaks and the games industry

The governement has decided not to go through with the pledge to provide tax relief to the games industry.

This worries me. In my last post on the Game-based learning conference I mentioned Richard Wilson from TIGA talking about how important it was for the industry to receive tax breaks to encourage business to grow and expand. The parties seemed to be behind it initially - so what's changed? I can see how removing tax incentives might save money in the short term but surely it makes more sense to encourage local talent and industry to grow to create more jobs and make more money in the long term?