Tag Archives: tax breaks

73m in video games tax relief (VGTR) was paid out in the 2016-17 financial year, representing an increase of 60 per cent year-on-year, according to the latest figures from HMRC. VGTR was paid out relating to 280 claims in 2016-17, which shows a growth of 115 per cent compared to …

Nottingham-based indie developer Super Punk Games has received the interim certificate for game relief from HMRC for its work on The Last Leviathan, the studio announced today. The physics-based ship building and destruction title launched on Steam’s Early Access program in June last year, and has remained in the top …

Rick Gibson discusses the promising results of a new study into the UK development scene and reveals the effect Brexit could have on finding funding

Number of titles certified in the last 12 months now at 178, UK spend at £554m

Next month’s Interface will cover a key subject for developers: working with tax breaks and how to make the most out of the Government’s support. This panel will include Ukie’s public affairs and policy officer Andy Tomlinson, who will talk about why every UK dev should use tax breaks. After …

The first full year of tax relief for games makers has seen more than 200 approved titles, with almost half passing final certification. The BFI hasannouncedthat 237 games were approved for Video Games Tax Relief in 2015, which marked the first full year of the legislation since passing in April …

Ella Romanos clarifies which developers can apply for the highly sought after tax credits

The UK Government is spending 4m in a bid to find ‘the next Tomb Raider’. The new development fund launches today and is set-up to help get games from ‘the drawing board and into the production’. The Video Game Prototype Fund is set to run between now and 2019, and …

We speak to Authentic Media's Adam Betteridge about the new initiative to help studios make the most of new tax benefits

40 games given final certification in the first half of the year, with another 49 games receiving interim certification