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Research And Development Tax Credits For The Video Games Industry

EDM number 1781 in 2010-12, proposed by Tom Watson on 09/05/2011.
Categorised under the topics of Leisure and Taxation.

That this House welcomes the reforms to the Research and Development (RD) tax credits announced in theBudget; further welcomes the research and analysis by TIGA, the UK video games trade association, in its publication, prior to the Budget, Powering a high technology recovery: Improving RD Tax, which called for the level of RD tax credits to rise from 175 per cent. of qualifying expenditure to at least 200 per cent.; notes that these changes will be of significant value to the video games industry; calls on the Government to extend the scope of RD tax credits to include costs incurred in development including premises costs and the cost of applying for intellectual property protection and design; and further calls on the Government to ensure it pursues a policy of supporting the video games industry to increase employment in this highly-skilled, export-orientated, low carbon industry.

This motion has been signed by a total of 11 MPs.

MPDateConstituencyPartyType
Tom Watson09/05/2011West Bromwich EastLabourProposed
John Whittingdale09/05/2011MaldonConservativeSeconded
Tom Blenkinsop11/05/2011Middlesbrough South and East ClevelandLabourSeconded
Adrian Sanders11/05/2011TorbayLiberal DemocratSeconded
Philip Davies12/05/2011ShipleyConservativeSeconded
Chris White13/05/2011Warwick and LeamingtonConservativeSeconded
Jim McGovern16/05/2011Dundee WestLabourSigned
Steve Rotheram18/05/2011Liverpool, WaltonLabourSigned
Louise Ellman07/06/2011Liverpool, RiversideLabourSigned
Roger Godsiff07/06/2011Birmingham, Hall GreenLabourSigned
John Hemming22/06/2011Birmingham, YardleyLiberal DemocratSigned

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