Some English studio video game developers cautious about the news of the tax benefits of the local gaming industry, reports Eurogamer .
The UK government has announced that will reduce the amount of taxes levied by representatives of the British gaming industry, at £ 50 million over two years starting in April 2013. A new draft budget was submitted March 21, 2012 and was aimed at increasing the size of the tax collected in the country and on the reduction of the budget deficit. Such government decisions independent Game Developers Association (TIGA) sought for the past four years, but rejected the offer at meetings of the distribution of the state budget due to "lack of specificity". In the published press release head of the association, Dr. Richard Wilson, said that such tax cuts will affect 4,661 jobs, will provoke the influx of foreign investment of £ 188 million and boost the coffers of Her Majesty at £ 172 million.
However, the news was greeted with restrained British developers on the grounds that a decision has not yet acquired a definitive legal view and not yet in force. "We need more precise information before we can begin to rejoice, - said the founder of the studio Rodeo Games Ben Myurh. - It may happen that it will not help us, and the decision will be forgotten in a few years. However, this is the right step in the right direction. " He was supported by Stewart Gilray, head of the studio Just Add Water and a number of other English developers.
At the request of a lawyer Jas Purewal, for a favorable outcome of the case the decision of the British Government should pass the approval of the European Union. The process may be delayed due to a lack accurate study of tax law regarding the gaming industry in the UK.
Also, it is unknown what kind of shape will be tax benefits. Pyurvol suggested that additional funds will likely be allocated for the development of "culturally significant games that can only be made by British designers." He explained that the cultural significance does not necessarily mean the thematic games belong to the English culture - enough to present the draft European motives in general, and it was designed by the English studio.
Reduced taxes for developers of entertainment software exists in the legislation of the United States, France, Australia, Canada, China, Singapore and South Korea. From 2006 to 2009 the British game industry profitability dropped from third to fifth position in the global rankings.
