|
|
22 Jul 2011
THE UK VIDEOGAMES industry is losing out on investment to Canada due to the countries' respective tax regimes.
Industry trade association Tiga said that businesses were avoiding UK investment, instead choosing jurisdictions that afford tax breaks.
"Tiga will continue to revise and strengthen its case for games tax relief, enhanced research and development tax credits and a supportive tax environment generally in order to improve the UK's tax regime," said Jason Kingsley, Tiga chairman and chief executive officer and creative director at Rebellion.
He continued: "The provision of tax breaks in Canada is also helping to fuel a brain drain of key development staff from the UK. The Entertainment Software Association of Canada acknowledged earlier this year that Canada has been successful in attracting investment and skilled personnel from the UK."
You may also like
Search thousands of financial jobs:
Search thousands of financial jobs:
Careers
Search for jobs
Click to search our database of all the latest accountancy roles
Create a profile
Click to set up your profile and let the best recruiters find you
Jobs by email
Sign up to receive regular updates with the latest roles suitable for you
Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment