Interesting article on the debate surrounding the introduction of a specific tax relief for “games firms”.

The article refers to a report by Gartner Inc.  The report stated that it is likely that the games market will grow 10.4% between 2010 and this year.  Spending on video games should increase in coming years so that by 2015 worldwide spending will reach £69.9 billion.

Jim McGovern, Labour MP for Dundee West, is quoted as saying: “This report increases the pressure on the UK Government to start acting to support our computer games industry.  In the last month Ireland has announced it will introduce tax breaks and Pennsylvania became the 17th US state to do the same.”

The present UK coalition Government in its July 2010 emergency Budget decided not to introduce a tax relief for the games industry that the previous UK Government had planned to introduce.

The article from the Courier can be found here.