Read technology tax related news and comment from MMP.


  • MMP Tax issue response to the Autumn statement 2016 More here
  • TIGA short lists MMP Tax for Games Industry award for the second year running More here
  • MMP issue response to the EU referendum 2016 -Our message for our tech business clients More here
  • MMP publishes commentary for 2016 Budget More here
  • MMP & TIGA Publish free guide to R&D Tax Relief for Video Games Developers More here


  • TIGA announces MMP as winner in the 2015 Games Industry Awards More here
  • TIGA announces MMP as finalist for award in the 2015 Games Industry Awards More here
  • MMP Tax and TIGA comment on the decrease in generosity of the VGTR scheme More here
  • MMP Tax Ltd -response to the Summer Budget 2015 More here
  • MMP Tax Ltd -response to the Budget 2015 More here


  • MMP Tax Ltd - Response to the Autumn Statement 2014 More here
  • A new dawn for the UK's patent box scheme More here
  • Video Game Tax Relief receives EU State Aid approval More here
  • MMP Tax Ltd. Response to the Budget 2014 More here


  • Consultation on proposals for a tax regime for shale gas 20/9/13 More here
  • Visual Effects Industry Tax Relief Consultation 2/7/13 More here
  • Tax Breaks for tech Innovators - ACCA Accounting and Business Magazine More here
  • MMP publish Budget Commentary 2013 More here


  • MMP publish review of Draft Finance Bill 2013 24/12/12 More here
  • HMRC publish response to Above the Line Credit for R&D consultation 18/12/12 More here
  • HMRC publish response to Creative sector tax relief consultation. 14/12/12 More here

MMP Budget Commentary 2013

MMP Budget Commentary document

The Chancellor’s 2013 Budget built on the draft Finance Bill and Autumn Statement of December last year.

From a strictly business perspective, the result is an imaginative combination of macro and micro tax initiatives coupled with pro-active stimuli targeting specific hi-value sectors. There is the sense that the entire might of the Civil Service machinery at the Chancellor’s disposal in the Treasury and HMRC was deployed with one mission statement: find ways to help get the economy growing again.

In contrast to the austerity culture affecting government spending, the culture in tax policy is focused on supporting technology innovation, helping businesses create growth, and reducing corporate taxes.

Click here to download the full Budget commentary

MMP's Review of the 2013 Draft Finance Bill

Review of Draft Finance Bill

The publication of the draft Finance Bill 2013, following on from the Autumn Statement at the beginning of December, was eagerly anticipated after the significant policy consultations which took place during the summer. Major new technology tax initiatives such as the Above the Line R&D Tax Relief arrangements and the Creative Sector Tax Reliefs were being considered, along with consequential adjustments to the core R&DTax Relief arrangements and the new Patent Box rules. The draft legislation and related explanatory text for the Finance Bill come in at more than 1,000 pages so we know the Coalition places huge significance on these new policies being introduced.

To receive a copy of the full MMP response, go to the contact page

Above the Line credit for R&D - response to consultation

Above the Line

The Research and Development (R&D) tax credit schemes currently provide over £1.1 billion of annual relief to over 10,200 companies, supporting £10.9 billion of R&D expenditure. They are a key element in the Government’s commitment to an internationally competitive tax system, and in its overall objectives for strong and sustainable private sector-led growth.

This document provides the Government’s response to the issues raised by the consultation on the ‘Above the Line’ (ATL) credit for R&D and sets out the final design of the ATL credit to be introduced in April 2013.

Download the full report here

Creative sector tax reliefs - response to consultation

Creative Sector Tax Reliefs

As announced at Budget 2012, the Government is introducing targeted tax reliefs for the animation, high-end television and video games industries from April next year. These new targeted incentives support the Government’s ambition to make the UK the technology centre of Europe.

These reliefs look to build on the success of the film tax relief, which has supported over £5 billion of investment into British films and seen a 70 per cent increase in the film production workforce since its introduction in 2007. It is notable that 2011-12 was a record year for the scheme, with 320 films receiving over £200 million of support.

Download the full report here
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