The UK's development industry is calling for tax relief, but why? Last chance to vote
This week’s Develop Jury turns its attention to the ongoing issue of development tax breaks for British game studios.
Though the chance of a UK development tax break plan have fluctuated dramatically over the past twelve months, we want to know if the industry believes such a scheme would actually help.
We ask:
Developers and industry members can send their answers to rob.crossley@intentmedia.co.uk, while the comments section below is open to all.
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The whole Tax Break approach is flawed: Its like we're asking the Government to give us something. We need to tell them not to take it away in the first place. Most of this is moot, because Gordon has put the country in such massive debt that my grandkids will be paying off the loan, but the only way Britain will become competitive is to make us cheaper.
We cannot continue to have 70% of the working population working for the government - ie their salaries paid by the other 30% who create something.
As a country we have grown fat and lazy, expecting "the government" to do everything for us. We need HM Gov to get off our backs, and let us work.
Start a new biz, and you have massive initial costs, buildings, staff, equipement. No income yet, but salaries and rent have to be paid. Corporation tax is due on income, fair enough, Business rates are demanded NOW. Employer's national insurance contribution is a barrier to employment - why?
Simplify the tax system: One tax on actual income, full stop. Not the death by a thousand cuts approach which means we need more VAT inspectors than sailors in the Navy...!
(and, yes, I sent a letter along these lines to my MP)
Have to say i strongly agree with the above. Having tried a start up business myself, it's very difficult trying to concentrate on the in's and outs of what your doing when you're paying a stupid amount of money every day/week/month despite not actually having done anything yet.....
it's impossible to have a start up without at least one dedicated accountant which again take up precious funds.
Creative industries such as the film industy get over £1 million worth of support in the UK, whereas the games industry only gets around £5 mil. That along with the fact that the games industry was worth more than half a billion £££'s more than the film industry means the support should be at least more than that provided to the film industry.
