Tax Relief for Video Games
London is an attractive destination for all content production. The wealth of world-class talent and resources are underpinned by generous and user-friendly tax reliefs that can help you bring your project to the capital. Best of all:
- There is no cap on the amount of tax relief which can be claimed.
- All reliefs are capped at 80% of total production budget
A Video Games Development Company (VGDC) can claim tax relief of up to 25% of qualifying expenditure for video game projects that qualify as British.
Video Games tax relief has no minimum expenditure requirement.
To qualify for tax relief, projects must:
- Have a minimum 25% of core expenditure spent in the EEA
- Be intended for supply to the general public
- Not have the primary purpose of advertising or gambling
- Have one VGDC registered with Companies House and set up before designing begins
- The VGDC must be responsible for all the video game production activity from development through to completion
How your project can qualify as British
To qualify as British, your video game must pass the cultural test.
Contact the Certification Unit at the BFI for more information: email@example.com
- Pablo Larraín's The Club is a complex response to the Catholic Church's abuses. See it tonight at @Richmond_Film :… https://t.co/4HHHfLAC3S
- Congrats to #LDNCalling short 160 Characters, which won best doc in the @ShortoftheWeek awards!… https://t.co/KNRHj9YGRi
- Attending @BVExpo tomorrow? Catch our CEO @aojwFL_BFC in convo with @Kermodemovie . Register here:… https://t.co/Qc9bzf0pdc
We are very pleased to announce the recipients of the latest FLAMIN Productions development awards – London-based artist filmmakers Roz Mortimer and Paul Simon Richards will receive funding and support as they develop their new projects, respectively entitled The Deathless Woman and Quasi-Monte Carlo.