What is Video Games Tax Relief (VGTR)?
Video Game Tax Relief aims to help make games developers more competitive, and it’s great news if you qualify.
RIFT are the UK's top tax specialists.
We've been helping people and companies with their HMRC troubles since 1999.

How does Video Game Tax Relief work?

It’s a new incentive and reward scheme from the UK Government, and our great relationship with HMRC means we can help you get the jump on it right away. If your game fits the bill, you could be looking at:

Lower game development costs

Reduced Corporation Tax

Tax credits if you’re making a loss

Up to 25% of the development costs back as a benefit

Games for consoles, PC and mobile devices are all covered – but there are some restrictions, such as games designed only for advertising or gambling.

Qualifying rules

PC, console and mobile games can all qualify for Video Games Tax Relief. You will need to meet certain criteria in terms of your company status and location, having BFI certification and being the only company making a claim for this development.

BFI Certification

You’re going to need a certificate from the British Film Institute to qualify for Video Games Tax Relief . That means scoring at least 16 out of 31 points on their “cultural test”. If your game’s still in development, you’ll need an interim certificate which will only be valid for three years.

How long does it take?

On average, we look at a timeframe of 4-5 weeks. A lot depends on how quickly we get information from you. If your year-end date’s looming, we’ll do all we can to speed things along. We can work with you directly, with your existing accountant either remotely or at your location or ours.

About  RIFT VGTR

The specialist RIFT Video Games Tax Relief unit is part of the Kent based RIFT Group.

We love working with innovative companies, helping them claim tax relief on money they’ve spent developing their products, services or processes.

Industry Stats

0
CLAIMS APPROVED LAST YEAR
0
£181 MILLION - TOTAL QUALIFYING COSTS CLAIMED
100
£548 Million - TOTAL COSTS OF GAMES IN DEVELOPMENT
1000
NUMBER OF GAMES DEVELOPMENT COMPANIES IN THE UK