Computer Games Tax Relief
EDM number 316 in 2010-12, proposed by Stewart Hosie on 23/06/2010.
Categorised under the topics of Arts and Taxation.
That this House condemns the decision by the Chancellor of the Exchequer to abandon plans for tax relief for the computer games industry; considers that this decision will affect Scotland disproportionately, as Dundee alone accounts for 10 per cent. of the total UK computer games industry; further considers tax relief necessary to enable the industry to be on a level playing field with competitors, such as France, Canada, Japan and South Korea, already offering tax relief; notes that a recent report from games industry body TIGA showed that, over five years, the tax breaks would cost an estimated £192 million but would deliver £415 million in tax receipts; and calls for this important industry to be given the support that it needs to ensure its continued success.
This motion has been signed by a total of 18 MPs.
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