About Video Games Tax Relief
Video Games Tax Relief (VGTR) is a government scheme that allows UK game developers developing games for public release, to apply for funding from HMRC.
Eligible companies can benefit by: –
- Claiming an additional deduction of up to 80% of ‘qualifying expenditure’ to deduct from company profits
- Receiving a payable tax credit at a rate of 25% of ‘qualifying expenditure’ where the company is loss making
- Qualifying expenditure includes spending on: