VGTR expert Lewis Songaila explains which of your game development costs you can claim for under Video Games Tax Relief. Video Games Tax Relief is an excellent source of funding for UK game developers. Last year alone, this generous scheme provided more than £120 million in relief and cash credits to 350 businesses. That’s an
Studios can claim Video Games Tax Relief (VGTR) for unfinished games. But there’s one significant difference in the claim process that you need to know about. One of the more common questions my clients ask me is ‘can I claim Video Games Tax Relief even though my game isn’t finished yet?’ The good news is
With the introduction of the PAYE Cap only a few weeks away, R&D Tax Credits expert Zoi Georgakopoulou unpacks which companies are most likely to be affected by this impending legislation. In just six weeks, HM Revenue & Customers will implement the PAYE Cap; a new policy that will reduce R&D Tax Credit payments for
VGTR is a lucrative lifeline for games developers looking for additional funding. But how much your studio can claim varies greatly depending on your spending and financial position. Like lots of creative fields, the world of video game development is extremely competitive. Games rocket up and down the charts, while players constantly crave new experiences.
Saving time and maximising your relief are just two of the reasons you should consider working with a VGTR claim specialist when filing for Video Games Tax Relief. Specialists aren’t always worth the money. It might seem like a strange thing for a professional services company to admit, but it’s true. Some games studios can
The UK government has launched a consultation on the future of state subsidies. It addresses a variety of crucial state aid issues and is open to both businesses and public sector bodies. The UK government has taken the first step towards establishing an independent state aid regime with the launch of a wide-ranging consultation on