UK Videogame Industry Might Get Government Help After All

UK Videogame Industry Might Get Government Help After All

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The UK government has axed plans for tax cuts for the videogame industry, but a plan designed to attract more business to the country may be the next best thing.

At Prime Minister's Questions in London earlier today, Labour MP Jim McGovern, who represents part of the Scottish town of Dundee, where Realtime Worlds was based before it closed down, brought up the question of tax breaks for the videogame industry.

Prime Minister David Cameron responded by saying that there were no specific plans for gaming industry alone, but that the government planned to reduce corporation tax - a tax levied on the profits a company makes - to 24%, down from its current rate of 28%. Cameron says that this change will make Britain one of the most attractive places to do business in the world. These changes would be in line with what Liberal Democrat MP Thomas Brake suggested the government planned to do earlier in the week, by improving the infrastructure for UK businesses in general, rather than for any specific industry.

Dr Richard Wilson, CEO of trade association TIGA, has expressed disappointment at the government's response, however, saying that both the Conservatives and the Liberal Democrats - the two parties that make up the coalition government - had backed the idea of tax credits for the industry before the election.

He pointed out that there was a certain degree of inconsistency in the government's tax policy, as it retained the tax credits for the film industry, adding that TIGA research showed that a specific tax break for the videogame industry would cost around 195 million, but generate more than twice that in revenue. He said that a cut in corporation tax was welcome, but that it would make very little difference to the smaller technology firms that weren't always in profit.

Source: Game Politics

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Cut corporate tax and treble university fees. That's the Tories for you.

So, basically, the conservatives are considering giving people a fair deal for once? This is new...

Jamiemitsu:
So, basically, the conservatives are considering giving people a fair deal for once? This is new...

Conservatives? Fair Deal?

Funniest post all day.

Not that tax cuts would have saved Realtime Worlds, but if this happens it will make all industry boom in GB, not just video games.

Nice, more buisness in the UK means I might actually get a job when I'm older...

BlackStar42:
Cut corporate tax and treble university fees. That's the Tories for you.

dude all univerities atm need more money, if it allows them to continue operating then go for it, i've said it before and i'll say it again, university is not a necessity , you go there to study something your good at to get a job, it should not be oh yeah lets do it because we can thing.

more business=more jobs

higher university fees=less qualified people.

something is not right about this plan...

The current goverment going back on there pre election plans? Why am I not suprised?

Fucking Liberal Democrats

BlackStar42:
Cut corporate tax and treble university fees. That's the Tories for you.

Exactly what Thatcher did last time. Trickle down economics don't work if the summit is wearing rain-catchers.

C95J:
more business=more jobs

higher university fees=less qualified people.

something is not right about this plan...

changes to visa rules = more qualified foreign types dodging the immigration "cap" to tuk er jerbs!

Cousin_IT:

C95J:
more business=more jobs

higher university fees=less qualified people.

something is not right about this plan...

changes to visa rules = more qualified foreign types dodging the immigration "cap" to tuk er jerbs!

yeah, that works well but I still wish they hadn't raised uni fees.

One great thing about the Lib Dems, they don't seem to just write their policies based on what was on the front page, and even tho Lembit Opek did many things to become a laughing stock, he stood up for the UK games industry, and shot down the idiot that is Keith Vaz by simple supplying facts to counter Vaz's fearmongering.

I still think it's a shame that Clegg joined the tories, I think he should have given em 4 years alone then walked into power solo while Cameron's evil was still fresh in the electorate's mind.

Slightly off topic, but I saw a clip of Vaz condemning the evils of Modern Warfare 2 in Parliament and begging people to get it banned to save the poor children from becoming murderers, and getting shot down in flames not only by the opposition but his own side, for talking such balls, one even telling him to stop getting all his opinions from the Daily Mail :D

BlackStar42:
Cut corporate tax and treble university fees. That's the Tories for you.

Most true, you hear that henry, your party stinks!

BlackStar42:
Cut corporate tax and treble university fees. That's the Tories for you.

Labour were the party that introduced tuition fees and then almost trebled them in 2006.

Fallen-Angel Risen-Demon:
Nice, more buisness in the UK means I might actually get a job when I'm older...

I know the feeling..

also

Shaman King?

The Disk Thrower:

Fallen-Angel Risen-Demon:
Nice, more buisness in the UK means I might actually get a job when I'm older...

I know the feeling..

also

Shaman King?

Indeed, Shaman King. Yoh, specifically. I remembered it from five years ago and have started watching it again.

Fallen-Angel Risen-Demon:

The Disk Thrower:

Fallen-Angel Risen-Demon:
Nice, more buisness in the UK means I might actually get a job when I'm older...

I know the feeling..

also

Shaman King?

Indeed, Shaman King. Yoh, specifically. I remembered it from five years ago and have started watching it again.

I see..

any good?

The Disk Thrower:

Fallen-Angel Risen-Demon:

The Disk Thrower:

Fallen-Angel Risen-Demon:
Nice, more buisness in the UK means I might actually get a job when I'm older...

I know the feeling..

also

Shaman King?

Indeed, Shaman King. Yoh, specifically. I remembered it from five years ago and have started watching it again.

I see..

any good?

I like it, haven't managed to watch much today unfortunately...
I locked myself out of my house...
Again...

This isn't new, the cut in corporation tax was announced in the June budget as I stated in http://www.escapistmagazine.com/forums/read/7.208002-British-Game-Dev-Decries-Canadian-Vultures?page=2#7045556 and http://www.escapistmagazine.com/forums/read/7.242235-U-K-Government-Giving-Help-to-the-Gaming-Industry-Doesnt-Add-Up#8779061

SenseOfTumour:
One great thing about the Lib Dems, they don't seem to just write their policies based on what was on the front page, and even tho Lembit Opek did many things to become a laughing stock, he stood up for the UK games industry, and shot down the idiot that is Keith Vaz by simple supplying facts to counter Vaz's fearmongering.

Lembit Opek is full blown spineless amoral retard. He fiddled his expenses and now works for that well know bastion of freedom Iranian state TV. He only backed video games because he thought there were votes in it. He was wrong.

albino boo:
This isn't new, the cut in corporation tax was announced in the June budget as I stated in http://www.escapistmagazine.com/forums/read/7.208002-British-Game-Dev-Decries-Canadian-Vultures?page=2#7045556 and http://www.escapistmagazine.com/forums/read/7.242235-U-K-Government-Giving-Help-to-the-Gaming-Industry-Doesnt-Add-Up#8779061

SenseOfTumour:
One great thing about the Lib Dems, they don't seem to just write their policies based on what was on the front page, and even tho Lembit Opek did many things to become a laughing stock, he stood up for the UK games industry, and shot down the idiot that is Keith Vaz by simple supplying facts to counter Vaz's fearmongering.

Lembit Opek is full blown spineless amoral retard. He fiddled his expenses and now works for that well know bastion of freedom Iranian state TV. He only backed video games because he thought there were votes in it. He was wrong.

Well, in my opinion, he's not Keith Vaz, at least. I find it strange that he'd think there were votes in supporting the minority side of the debate, when usually the votes are in following the tabloid headlines.

I'm certainly not saying Opek is a model politician, just that he was one of the few speaking common sense about gaming when it's so easy to demonise them.

I feel humbled over my lack of business knowledge. A 24% business tax is low?

SenseOfTumour:

Well, in my opinion, he's not Keith Vaz, at least. I find it strange that he'd think there were votes in supporting the minority side of the debate, when usually the votes are in following the tabloid headlines.

I'm certainly not saying Opek is a model politician, just that he was one of the few speaking common sense about gaming when it's so easy to demonise them.

OK let me me get this straight you think Lembit Opek talks common sense because he pro games even though his current employer wants to stone a women to death for committing adultery. I think you ought realign your sense of prioties, gaming is far less important than working for murderous anti-semtic regime that shoots its own citizens dead for wanting a free and fair election. Talk about moral blindness. You want to know why gamers get demonised, look in the mirror.

The Random One:
I feel humbled over my lack of business knowledge. A 24% business tax is low?

Yeah 24% is low rate, the average for most big western economies is 28-30% (some countries run graduated corporation taxes but thats what most companies pay).

albino boo:

SenseOfTumour:

Well, in my opinion, he's not Keith Vaz, at least. I find it strange that he'd think there were votes in supporting the minority side of the debate, when usually the votes are in following the tabloid headlines.

I'm certainly not saying Opek is a model politician, just that he was one of the few speaking common sense about gaming when it's so easy to demonise them.

OK let me me get this straight you think Lembit Opek talks common sense because he pro games even though his current employer wants to stone a women to death for committing adultery. I think you ought realign your sense of prioties, gaming is far less important than working for murderous anti-semtic regime that shoots its own citizens dead for wanting a free and fair election. Talk about moral blindness. You want to know why gamers get demonised, look in the mirror.

No, and I'd say you're assuming a lot about me here.

I say he was speaking common sense in the one example I gave. I did not know anything about the issues you've brought up, however, if they're true, then of course I don't support him.
He wasn't alone anyway, but I couldn't name the other supporters as they didn't have such amusingly recognisable faces.

From what I'd heard about him, he'd quit politics to attempt and largely fail a new career in stand up comedy, I'd certainly not heard of this.

However, I did not know of the things you've brought up, it's rather harsh to imply that I support all this stuff, because he said one good thing about gaming. I'm sure Josef Fritzel's neighbours didn't know about his actions, it doesn't mean they're all thinking they could use some underground home improvements.

I can understand your anger, but I came from a position of ignorance, not hate. Rarely for an internet forum, I admit it too.

Logan Westbrook:
...saying that both the Conservatives and the Liberal Democrats - the two parties that make up the coalition government - had backed the idea of tax credits for the industry before the election.

Well, both the Lib Dems and the Tories were promising lots of lovely sounding ideas prior to the election...

The_root_of_all_evil:

BlackStar42:
Cut corporate tax and treble university fees. That's the Tories for you.

Exactly what Thatcher did last time. Trickle down economics don't work if the summit is wearing rain-catchers.

Couldn't have said it better myself. But remember kids, every policy they're trying to bring in to cut spending whilst raising taxes is "fair" - apparently.

meh,
i am a uni student at the moment in england, as soon as i get my degree i out of here

Cutting the corporation tax rate could help the UK games industry a bit, along with most other industries and businesses out there. But if you really want to help that specific industry, then you would need a specific tax cut.

SenseOfTumour:

No, and I'd say you're assuming a lot about me here.

I say he was speaking common sense in the one example I gave. I did not know anything about the issues you've brought up, however, if they're true, then of course I don't support him.
He wasn't alone anyway, but I couldn't name the other supporters as they didn't have such amusingly recognisable faces.

From what I'd heard about him, he'd quit politics to attempt and largely fail a new career in stand up comedy, I'd certainly not heard of this.

However, I did not know of the things you've brought up, it's rather harsh to imply that I support all this stuff, because he said one good thing about gaming. I'm sure Josef Fritzel's neighbours didn't know about his actions, it doesn't mean they're all thinking they could use some underground home improvements.

I can understand your anger, but I came from a position of ignorance, not hate. Rarely for an internet forum, I admit it too.

http://www.telegraph.co.uk/news/newstopics/politics/7928457/Lembit-Opik-gets-a-job-on-Ahmadinejads-favourite-television-station.html

The most damming section is this

Lembit Opek:
It is necessary for me to work. I don't see that Press TV is controversial: that is to pass judgment and it is not for one media organisation to pass judgment on another.

Ok you didn't know that he had joined press TV and you admit it thats fair enough. However next time you make a post in favour of someone just check to see that haven't become a screw up while you weren't looking.

As side note when I googled Lembit Opek press tv, the second item on the list was my post calling him a full blown spineless amoral retard. Somehow I think there is some good come out this because of that.

Strange I'd missed that, as while I don't follow much 'real' news, I do listen to the Bugle podcast, and that tends to keep me up to date with the more ridiculous parts of world politics, it's made by Andy Zaltzman and Jon Oliver (yeah the brit guy from the Daily Show), and I thoroughly recommend it. They're usually keeping me up to date on the latest crazy talk from Chavez, Ahmadinejad and other such fine world leaders.

C95J:
more business=more jobs

higher university fees=less qualified people.

something is not right about this plan...

Quoted for truth. Its how the upper class keeps ruling over the lower classes. They make education harder to achieve and give you shittier, but more, alternatives.

 

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