HMRC have published the minutes of the most recent R&D consultative commitee meeting on April 4th (pdf).
The state of Louisiana gives a 35% state payroll tax credit on all Louisiana labor directly involved in the development of video games (and so doesn’t include administration or executive work) and a 25% tax credit on all the direct support costs such as premises leases, computers and training. The state estimates these reliefs reduce the cost of doing business in the games industry in the state by around 30% overall.
Tom Watson MP (Labour) is trying to re-start the debate on tax credits for the UK games industry with an Early Day Motion (EDM - Early day motion 1781), calling for improvements to R&D tax credits, particularly an extension for the tax break to include expenditure on premises and the costs of applying for IP protection and design. The EDM is clearly prompted by Tiga, the UK games industry trade association, but the extension requested appears general rather than specific to the games industry.
An Early Day Motion is mostly chasing publicity – it has no real prospect of debate in Parliament – so don’t expect to see anything change in the Finance Bill. At the time of writing the EDM had attracted a grand total of 4 signatures, including that of Watson, but they are at least cross-party.