Piracy costing UK 1bn in lost taxThe Business Software Alliance (BSA) claims that reducing software piracy by 37 per cent could generate 13,220 new high paying jobs, recoup ?1.08bn in tax revenues and contribute ?4.46bn to the UK economy.
The research, conducted by analyst firm IDC, illustrates the role of the IT industry as a contributor to jobs, tax revenues and GDP, according to the BSA.
Britain's IT sector will be a ?52.1bn industry by 2011, supporting nearly 638,000 jobs and generating ?32.5bn in tax each year, the report found.
However, the BSA argues that these forecasts could be improved significantly if piracy is adequately addressed.
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