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UK games industry tax relief announcement expected this week

Could tax relief finally be arriving for UK games developers

It is believed that the UK government is set to announce that tax relief for the UK games industry is on its way finally.

The measures that the government had planned to bring in on April 1st 2013 had been caught up in EU red tape but it is now being suggested by a source close to the UK's Department for Culture, Media and Sport that the European Commission has greenlit the measures and they could be included in the Chancellor's Budget speech on Wednesday.

This news comes hot on the heels of UK minister for Culture, Communication and the Creative Industries Ed Vaizey teasing that an announcement is due imminently. UK games industry tax relief announcement expected this week

The UK games industry has been campaigning for tax relief for some time to help put it on a part with countries like France and Canada whose games industries have thrived on the generous tax breaks offered by their respective governments.

Thanks Develop Online.

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