David Marshall- Director, MMP
TIGA, the trade association representing the video games industry, has published a guide to the Research & Development (R&D) Tax Incentive Schemes
TIGA have paired with MMP Tax to produce this guide, which provides the key information about which tax incentives are available, how much can be saved through tax incentive schemes, who can claim and which costs quality for the schemes. The guide also outlines the differences between Video Games Tax Relief (VGTR) and R&D tax relief, and the process of making a claim.
Dr Richard Wilson OBE, CEO of TIGA, said:
"R&D Tax Incentive Schemes are vital in allowing the UK video games industry to develop and to compete with its international competitors. They are designed to incentivise innovation and technological advancement in the UK. UK games businesses should aim to take full advantage of R&D Tax Credits and Video Games Tax Relief to grow and develop their business, and I hope that this guide can help games businesses explore how they can benefit from R&D Tax Relief".
Alexis Marz- Director, MMP
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