A new tax incentive to lure gaming designers and developers

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Recorded21 Feb 2023

Publisherrss.podplaystudio.com

Handlerec:9175802

Show notes

The government has introduced a new tax incentive to lure designers and developers in the digital gaming sector to Ireland. It’s called Section 481A and it allows companies to get 32% of their annual expenses back from taxpayers. The target is to generate income of €240m within a few years in the gaming space but there are major reasons why the take-up has been so slow and they include making company directors personally liable if something goes wrong. Speaking to Joe on this new incentive was Paul Mee a tax partner with Mazars.

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